All Employees: Repair and Maintenance in North Carolina
SMU37000008081100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.00
Year-over-Year Change
45.40%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of employees in the repair and maintenance industry in North Carolina. It provides valuable insights into the state's service sector and overall economic activity.
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: Repair and Maintenance in North Carolina indicator measures the total number of people employed in the repair and maintenance industry within the state. This metric is closely watched by economists and policymakers to assess the health of the service sector and broader economic conditions.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in repair and maintenance employment can inform decisions around infrastructure investment, workforce development, and economic policy.
Key Facts
- North Carolina is a major hub for repair and maintenance services.
- Employment in this industry has grown steadily over the past decade.
- The repair and maintenance sector accounts for a significant portion of the state's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the repair and maintenance industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: Trends in repair and maintenance employment provide insights into the health of the service sector and broader economic conditions in North Carolina.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in repair and maintenance employment can inform decisions around infrastructure investment, workforce development, and economic policy in North Carolina.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential limitations of the U.S. Bureau of Labor Statistics surveys.
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Citation
U.S. Federal Reserve, All Employees: Repair and Maintenance in North Carolina (SMU37000008081100001A), retrieved from FRED.