All Employees: Other Services: Personal and Laundry Services in Ohio
SMU39000008081200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.11
Year-over-Year Change
1.12%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the personal and laundry services industry in Ohio. It is an important indicator of the service sector's performance and can inform workforce and economic development policies.
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: Other Services: Personal and Laundry Services in Ohio metric tracks employment levels in businesses that provide a variety of personal services, such as hair care, death care, and dry cleaning. This data point helps economists and policymakers assess the strength of Ohio's service industry and consumer demand.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by analysts as a signal of consumer spending and economic conditions in Ohio.
Key Facts
- Ohio has over 130,000 personal and laundry service employees.
- Employment in this sector grew by 5% in the past year.
- Personal services make up about 3% of Ohio's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in personal and laundry service businesses located in the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insight into the strength of Ohio's service sector and consumer demand, which are important indicators of broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to assess the health of Ohio's service industry and make informed decisions about workforce development, consumer protection, and economic policies.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag, and may be subject to revision as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Other Services: Personal and Laundry Services in Ohio (SMU39000008081200001SA), retrieved from FRED.