Monthly, Seasonally Adjusted
SMU42000004245200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.14
Year-over-Year Change
-2.15%
Date Range
1/1/1990 - 12/1/2022
Summary
The Monthly, Seasonally Adjusted series measures total nonfarm employment levels in the Des Moines-West Des Moines, IA metropolitan area on a monthly basis. This metric is a key indicator of regional economic health and labor market 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 Monthly, Seasonally Adjusted series tracks the total number of nonfarm jobs in the Des Moines-West Des Moines, IA metropolitan statistical area, including both public and private sector employment. This data series is used by economists, policymakers, and analysts to assess the strength and trajectory of the local economy.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in nonfarm employment are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Key Facts
- Des Moines metropolitan area has over 380,000 nonfarm jobs.
- Employment levels have grown by 2.5% over the past year.
- The largest sectors are trade, transportation, and utilities.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series tracks total nonfarm employment levels in the Des Moines-West Des Moines, IA metropolitan area on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of regional economic health and labor market conditions, used by economists, policymakers, and analysts to assess the strength and trajectory of the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in nonfarm employment are closely monitored by the Federal Reserve and other institutions to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU42000004245200001SA), retrieved from FRED.