All Employees: Computer Systems Design and Related Services in New York
This dataset tracks all employees: computer systems design and related services in new york over time.
Latest Value
121.40
Year-over-Year Change
27.79%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of employees in the computer systems design and related services industry in New York. It provides insights into the state's technology and professional services 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 All Employees: Computer Systems Design and Related Services in New York series measures the total employment levels in this key industry, which encompasses software development, IT consulting, and other technology-driven professional services. This data is used to analyze the health and growth of New York's tech ecosystem.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and industry analysts monitor this trend to gauge the competitiveness and workforce dynamics of New York's tech industry.
Key Facts
- New York is a major tech hub, home to over 300,000 tech workers.
- Computer systems design jobs have grown 30% in New York over the past decade.
- The average annual wage for computer systems design jobs in New York is $150,000.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of employees in the computer systems design and related services industry in New York state.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health and growth of New York's technology and professional services sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts monitor this trend to gauge the competitiveness and workforce dynamics of New York's tech industry, which informs economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Computer Systems Design and Related Services in New York (SMU36000006054150001A), retrieved from FRED.