All Employees: Management of Companies and Enterprises in North Carolina
SMU37000006055000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84.00
Year-over-Year Change
5.13%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the management of companies and enterprises industry in North Carolina. It provides insight into the state's business landscape and economic conditions.
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: Management of Companies and Enterprises in North Carolina series tracks the total employment in the management of companies and enterprises industry within the state. This metric is useful for analyzing trends in the administrative and support services sector and understanding the broader economic dynamics in North Carolina.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is often used by policymakers, economists, and industry analysts to assess the health and competitiveness of North Carolina's business services sector.
Key Facts
- North Carolina is a major hub for the management of companies and enterprises industry.
- Employment in this sector has grown steadily in recent years.
- The trend is a key indicator of North Carolina's business climate and economic vitality.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the management of companies and enterprises industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insight into the health and competitiveness of North Carolina's business services sector, which is an important driver of the state's economy.
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: Policymakers, economists, and industry analysts use this trend to assess the business climate and economic conditions in North Carolina, informing economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delays in reporting due to the survey methodology.
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Citation
U.S. Federal Reserve, All Employees: Management of Companies and Enterprises in North Carolina (SMU37000006055000001A), retrieved from FRED.