All Employees: Professional and Business Services: Computer Systems Design and Related Services in Massachusetts
SMU25000006054150001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.60
Year-over-Year Change
-2.13%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the computer systems design and related services industry in Massachusetts. It is an important indicator of the health and growth of the state's tech 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: Professional and Business Services: Computer Systems Design and Related Services in Massachusetts metric tracks employment levels in a key high-skill, high-wage industry within the state's broader professional and business services sector. It provides insights into technology industry labor market dynamics.
Methodology
The data is collected through the Current Employment Statistics (CES) survey administered by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, economic analysts, and industry stakeholders to gauge the strength of Massachusetts' innovation economy.
Key Facts
- Massachusetts has the second-highest concentration of computer systems design jobs in the U.S.
- The computer systems design industry contributed over $22 billion to Massachusetts' GDP in 2021.
- Employment in this sector has grown by 30% in Massachusetts since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the computer systems design and related services industry in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of Massachusetts' technology and innovation economy, which is a key driver of the state's economic prosperity.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey administered 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, economic analysts, and industry stakeholders to gauge the strength of Massachusetts' tech sector and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a one-month lag, so there may be short-term delays in reflecting the latest employment conditions.
Similar SMU Trends
Chain-Type Quantity Index for Real GDP: Ambulatory Health Care Services (621) in Massachusetts
MAAMBHCQGSP
All Employees: Education and Health Services: Private Elementary and Secondary Schools in Massachusetts
SMU25000006561110001SA
State Government Tax Collections, Hunting and Fishing Licenses in Massachusetts
MAHUNTLICTAX
Gross Domestic Product: Paper Manufacturing (322) in Massachusetts
MAPAPMANNGSP
Chain-Type Quantity Index for Real GDP: Printing and Related Support Activities (323) in Massachusetts
MAPRNTQGSP
Gross Domestic Product: Funds, Trusts, and Other Financial Vehicles (525) in Massachusetts
MAFNDTRSTNGSP
Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Computer Systems Design and Related Services in Massachusetts (SMU25000006054150001), retrieved from FRED.