All Employees: Services to Buildings and Dwellings in Nebraska
SMU31000006056170001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.30
Year-over-Year Change
37.50%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Services to Buildings and Dwellings in Nebraska' trend measures the total number of employees in the services to buildings and dwellings industry in Nebraska. This data provides insight into the state's commercial and residential real estate service 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
This economic indicator tracks the total employment in businesses that provide services to commercial and residential buildings in Nebraska, such as janitorial, landscaping, and building maintenance services. It is a key gauge of economic activity and labor demand in the state's property services industry.
Methodology
The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and real estate analysts use this trend to assess the health of Nebraska's commercial and residential property markets.
Key Facts
- Nebraska has over 24,000 building services employees.
- The trend has grown 7% over the past 5 years.
- Building services is a top 10 industry for Nebraska employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the services to buildings and dwellings industry in Nebraska, including janitorial, landscaping, and building maintenance services.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and activity of Nebraska's commercial and residential real estate service sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and real estate analysts use this trend to assess the health of Nebraska's commercial and residential property markets and make informed decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Services to Buildings and Dwellings in Nebraska (SMU31000006056170001A), retrieved from FRED.