All Employees: Health Care: Offices of Dentists in Minnesota
SMU27000006562120001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
16.13%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the offices of dentists industry in Minnesota. It is an important indicator of the health and activity of the dental services sector in the state.
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: Health Care: Offices of Dentists in Minnesota data series tracks the total number of workers employed in dental offices throughout the state. This metric provides insights into the level of economic activity and labor demand within the dental services industry.
Methodology
The data is collected through surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is useful for policymakers, market analysts, and businesses to understand the economic conditions and workforce dynamics in Minnesota's dental care sector.
Key Facts
- Minnesota has over 6,500 dentists employed in the state.
- Dental services account for over $1 billion in annual economic activity in Minnesota.
- Employment in Minnesota's dental offices has grown by 12% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of employees working in dental offices and clinics across the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: The dental services industry is an important component of Minnesota's healthcare sector, and this employment data provides insights into the economic conditions and labor dynamics within this industry.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies can use this data to monitor the health of Minnesota's dental services sector and inform decisions around healthcare workforce, infrastructure, and industry support policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in the most recent figures being available.
Related Trends
Housing Inventory: Price Increased Count Month-Over-Month in Minnesota
PRIINCCOUMMMN
All Employees: Retail Trade: Grocery and Convenience Retailers in Minnesota
SMU27000004244510001SA
90% Confidence Interval Upper Bound of Estimate of People Under Age 5 in Poverty for Minnesota
PECIUB0T4MN27000A647NCEN
Estimated Percent of People Under Age 5 in Poverty for Minnesota
PP0T4MN27000A156NCEN
All Employees: Transportation and Utilities: Utilities in Minnesota
SMU27000004322000001SA
Real Gross Domestic Product: Primary Metal Manufacturing (331) in Minnesota
MNPRIMETMANRGSP
Citation
U.S. Federal Reserve, All Employees: Health Care: Offices of Dentists in Minnesota (SMU27000006562120001A), retrieved from FRED.