All Employees: Professional and Business Services: Management of Companies and Enterprises in Mississippi
SMU28000006055000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.48
Year-over-Year Change
1.74%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the management of companies and enterprises sector within the professional and business services industry in Mississippi. It provides insight into the state's management and administrative services job market.
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: Management of Companies and Enterprises in Mississippi' series tracks the number of people employed in the management of companies and enterprises subsector of the professional and business services industry in the state of Mississippi. This data is used by economists and policymakers to analyze trends in Mississippi's service-providing job market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the health and dynamics of Mississippi's professional services industry and the broader state economy.
Key Facts
- Mississippi has over 30,000 employees in the management of companies and enterprises sector.
- This industry accounts for around 2% of total nonfarm employment in the state.
- Employment in this sector has grown by 15% in Mississippi over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the management of companies and enterprises subsector within the professional and business services industry in Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the strength and dynamics of Mississippi's professional services job market, which is an important component of the state's overall 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: Economists and policymakers use this data to analyze trends in Mississippi's service-providing industry and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month lag.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Mississippi (SMU28000006055000001SA), retrieved from FRED.