All Employees: Information: Telecommunications in Maryland
SMU24000005051700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
-6.25%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the telecommunications industry in Maryland. It provides valuable insights into the state's telecommunications sector and is closely watched by economists and policymakers.
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: Information: Telecommunications in Maryland series tracks the total employment in the telecommunications industry within the state of Maryland. This data is used to analyze the health and growth of the state's telecommunications sector, which is an important part of the overall information economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the economic conditions and labor market dynamics in Maryland's telecommunications industry, which can inform policy decisions and business strategies.
Key Facts
- Maryland's telecommunications industry employs over 20,000 workers.
- Telecommunications jobs account for 2% of total employment in Maryland.
- The state's telecommunications sector has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the telecommunications industry within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of Maryland's telecommunications sector, which is a key part of the state's information economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and businesses to understand the labor market dynamics and economic conditions in Maryland's telecommunications industry, which can inform policy decisions and business strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Information: Telecommunications in Maryland (SMU24000005051700001), retrieved from FRED.