All Employees: Professional and Business Services: Computer Systems Design and Related Services in Minnesota
SMU27000006054150001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.30
Year-over-Year Change
-1.67%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the computer systems design and related services industry in Minnesota. It provides insights into the state's technology and professional services 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 Minnesota metric tracks the employment levels in this key segment of Minnesota's economy. It is used by economists and policymakers to assess the health and growth of the state's technology and professional services industries.
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 performance of Minnesota's technology and knowledge-based economy.
Key Facts
- Minnesota has a thriving technology and professional services sector.
- Computer systems design is a key industry within this segment.
- Employment in this sector has been growing steadily in recent years.
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 Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Minnesota's technology and professional services industries, which are important drivers of the state's 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: Policymakers and economists use this trend to assess the performance and competitiveness of Minnesota's technology and knowledge-based economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Computer Systems Design and Related Services in Minnesota (SMU27000006054150001), retrieved from FRED.