All Employees: Computer Systems Design and Related Services in North Carolina
SMU37000006054150001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.60
Year-over-Year Change
94.85%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the computer systems design and related services industry in North Carolina. It provides insights into the growth and composition of the tech sector in the state.
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 North Carolina data series tracks the total number of workers in a specific technology-focused industry within the state. This metric is used by economists and policymakers to analyze labor market trends and the evolving nature of the regional economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored for its implications on economic development, workforce planning, and technology sector competitiveness.
Key Facts
- North Carolina is a major hub for the tech industry in the Southeast.
- Employment in computer systems design has grown steadily in the state.
- The tech sector is a key driver of economic growth and innovation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the computer systems design and related services industry in North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength and growth of the tech sector in the state, which is crucial for understanding regional economic conditions and development.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored for its implications on economic development, workforce planning, and technology sector competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness and methodological constraints of the CES survey.
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Citation
U.S. Federal Reserve, All Employees: Computer Systems Design and Related Services in North Carolina (SMU37000006054150001A), retrieved from FRED.