All Employees: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Massachusetts
SMU25000008081300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.10
Year-over-Year Change
-0.40%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the 'Other Services' sector, specifically within religious, grantmaking, civic, professional, and similar organizations in Massachusetts. It provides insight into the health and activity of this important part of the state's economy.
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: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Massachusetts' trend tracks the number of people employed in these types of organizations across the state. It is a useful indicator of economic and social activity in this service-oriented industry.
Methodology
This data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of employers.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the strength of Massachusetts' nonprofit and professional services sectors.
Key Facts
- Massachusetts has over 34,000 people employed in this sector.
- Employment in this industry has grown by 8.2% over the past 5 years.
- The 'Other Services' sector accounts for 3.8% of total Massachusetts employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in religious, grantmaking, civic, professional, and similar organizations across the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and activity of an important service-oriented industry in Massachusetts, which is closely monitored by policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of employers.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to assess the strength of Massachusetts' nonprofit and professional services sectors.
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: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Massachusetts (SMU25000008081300001), retrieved from FRED.