All Employees: Government: Department of Defense, Including Ship Building and Hospitals in Indiana
SMU18000009091911901SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.33
Year-over-Year Change
-2.39%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of government employees in the Department of Defense, including those in ship building and hospitals in Indiana. It provides insights into public sector labor market dynamics and military-related economic activity in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The 'All Employees: Government: Department of Defense, Including Ship Building and Hospitals in Indiana' series tracks the monthly employment levels for this specific government sector and geographic area. It is a key indicator of defense industry and public administration workforce trends in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is closely watched by policymakers, economists, and defense industry analysts to gauge the economic health and labor market conditions in Indiana's military-related sectors.
Key Facts
- Indiana has a significant defense industry presence.
- The Department of Defense is a major public sector employer in the state.
- Employment in this sector can indicate the economic impact of military activities.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of government employees working in the Department of Defense, including those in ship building and hospitals, specifically located in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding labor market dynamics and the economic impact of the defense industry in Indiana. It provides insights that are valuable for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers and analysts to assess the health of Indiana's defense-related sectors and inform decisions around military spending, industrial policy, and regional economic development.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, but there may be a lag of several weeks between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, All Employees: Government: Department of Defense, Including Ship Building and Hospitals in Indiana (SMU18000009091911901SA), retrieved from FRED.