All Employees: Information: Telecommunications in North Carolina
SMU37000005051700001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.40
Year-over-Year Change
-6.87%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the telecommunications industry in the state of North Carolina. It is an important indicator of the strength and growth of the telecommunications sector within 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: Information: Telecommunications in North Carolina series tracks the total employment in the telecommunications industry across the state. This data provides insight into the size and performance of this crucial economic sector, which includes businesses involved in wired and wireless communications, internet service providers, and related information technology services.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of employers.
Historical Context
Policymakers and analysts use this trend to monitor the health and competitiveness of North Carolina's telecommunications industry and its contribution to the state's overall economic performance.
Key Facts
- North Carolina is home to major telecommunications companies.
- The state's telecommunications industry accounts for a significant portion of its overall economic output.
- Employment in this sector has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the telecommunications industry across the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the size, growth, and performance of North Carolina's telecommunications sector, which is a crucial component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of employers.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the health and competitiveness of North Carolina's telecommunications industry and its contribution to the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is published with a short delay, typically a few months after the reference period.
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Citation
U.S. Federal Reserve, All Employees: Information: Telecommunications in North Carolina (SMU37000005051700001A), retrieved from FRED.