All Employees: Other Services: Repair and Maintenance in Maryland
SMU24000008081100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.10
Year-over-Year Change
-0.76%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total employment in the repair and maintenance industry in Maryland. It provides insights into the economic activity and labor demand in this service sector.
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: Other Services: Repair and Maintenance in Maryland' metric tracks the number of people employed in businesses that provide repair and maintenance services within the state of Maryland. This data is used by economists and policymakers to assess the health and trends of the local service economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in repair and maintenance employment can indicate changes in consumer demand and business investment within Maryland.
Key Facts
- Maryland has over 36,000 repair and maintenance workers.
- Employment in this sector grew by 4.2% in the past year.
- Repair and maintenance jobs make up 1.3% of total employment in Maryland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the repair and maintenance industry within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: Trends in repair and maintenance employment provide insights into the health of the local service economy and consumer demand within Maryland.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess labor market conditions and service sector activity in Maryland.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Other Services: Repair and Maintenance in Maryland (SMU24000008081100001), retrieved from FRED.