All Employees: Private Service Providing in Nebraska
SMU31000000800000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
725.30
Year-over-Year Change
0.67%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of private service-providing employees in the state of Nebraska. It is a key indicator of the overall health and activity of the service sector in 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: Private Service Providing in Nebraska series tracks the total employment levels across various service industries in the state, including trade, transportation, utilities, information, financial activities, professional and business services, education, and healthcare.
Methodology
The data is collected through surveys of private businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and analysts to assess the performance and outlook of Nebraska's private service economy.
Key Facts
- Nebraska's private service sector accounts for over 70% of total nonfarm employment.
- Service-providing industries have driven job growth in Nebraska in recent years.
- The state's largest private service employers are in healthcare, retail trade, and professional services.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of private sector employees in service-providing industries across the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: The private service sector is a critical component of Nebraska's economy, and tracking employment levels in this area provides insight into the overall health and performance of the state's businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this employment trend to assess the service sector's contribution to Nebraska's economic growth and make informed decisions about economic development and workforce policies.
Q: Are there update delays or limitations?
A: The data is typically published with a one-month lag and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Private Service Providing in Nebraska (SMU31000000800000001), retrieved from FRED.