All Employees: Education and Health Services: Private Educational Services in Ohio
Not Seasonally Adjusted
SMU39000006561000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
102.90
Year-over-Year Change
-0.68%
Date Range
1/1/1990 - 7/1/2025
Summary
The Not Seasonally Adjusted series measures the monthly value of the Selected Service Industries Index without seasonal adjustments. This metric provides insight into underlying economic trends.
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 Not Seasonally Adjusted series represents the Selected Service Industries Index before factoring in seasonal patterns and variations. This unadjusted data offers a more direct view of the sector's monthly performance.
Methodology
The data is collected through surveys of service industry businesses.
Historical Context
The index is used by economists and policymakers to analyze service sector activity.
Key Facts
- The index tracks a range of private service-providing industries.
- Unadjusted data reveals underlying monthly fluctuations.
- The service sector accounts for over 70% of U.S. economic output.
FAQs
Q: What does this economic trend measure?
A: The Not Seasonally Adjusted series measures the monthly value of the Selected Service Industries Index without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: The unadjusted data provides insight into the underlying performance of the service sector, which is a critical component of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of service industry businesses.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this index to analyze service sector activity and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a short delay, providing a timely indicator of service sector performance.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU39000006561000001), retrieved from FRED.