All Employees: Information in Mississippi
SMU28000005000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.50
Year-over-Year Change
-24.00%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Information in Mississippi' metric tracks the total number of people employed in the information industry within the state of Mississippi. This data provides valuable insights into the size and trends of Mississippi's information 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 information industry includes companies and workers involved in publishing, telecommunications, data processing, and other information-based economic activities. Monitoring employment levels in this sector helps economists and policymakers understand the state's economic composition and competitiveness.
Methodology
This data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Information employment is a key indicator of a state's knowledge-based economic development and digital infrastructure.
Key Facts
- Mississippi's information sector employed over 33,000 workers as of the latest data.
- Information industry jobs make up around 3% of total nonfarm employment in Mississippi.
- Employment in Mississippi's information sector has increased by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Information in Mississippi' metric tracks the total number of people employed in the information industry within the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: Monitoring information employment levels helps economists and policymakers understand the size and trends of Mississippi's knowledge-based economic activities.
Q: How is this data collected or calculated?
A: This data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Information employment is a key indicator of a state's digital infrastructure and knowledge-based economic development, which is relevant for policymakers and economic analysts.
Q: Are there update delays or limitations?
A: This data is released on a monthly basis with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, All Employees: Information in Mississippi (SMU28000005000000001A), retrieved from FRED.