All Employees: Personal and Laundry Services in Ohio
SMU39000008081200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54.40
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Personal and Laundry Services in Ohio' metric tracks monthly employment in the personal and laundry services industry within the state of Ohio. This provides important insights into a key service-sector segment of 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
This economic series measures the total number of individuals employed in personal and laundry services businesses located in Ohio. It offers a gauge of activity and labor demand within this service-oriented industry, which includes hair salons, dry cleaners, and other personal care establishments.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in personal and laundry services employment are closely monitored by policymakers and analysts to assess the overall health of Ohio's service economy.
Key Facts
- Ohio has over 100,000 personal and laundry services jobs.
- Employment in this sector grew by 3.2% in the past year.
- Personal care businesses make up the largest share of jobs.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of individuals employed in personal and laundry services businesses located in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: Trends in personal and laundry services employment provide important insights into the overall health of Ohio's service-oriented 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 and analysts closely monitor this metric to assess the strength of Ohio's service sector and broader economic conditions.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Personal and Laundry Services in Ohio (SMU39000008081200001A), retrieved from FRED.