Annual, Not Seasonally Adjusted
SMU42000004245300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.80
Year-over-Year Change
-5.20%
Date Range
1/1/1990 - 1/1/2021
Summary
This annual, not seasonally adjusted data series measures the total private employment in the Des Moines, IA metropolitan area. It provides important insights into local economic conditions and labor market 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 Annual, Not Seasonally Adjusted series for private employment in the Des Moines, IA metro area is a key indicator of overall economic activity and workforce participation. It is used by policymakers, economists, and analysts to assess the health and direction of the regional economy.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding consumer demand, business investment, and policy decisions in the Des Moines metropolitan area.
Key Facts
- The Des Moines metro area has a population of over 700,000 people.
- Private sector employment accounts for over 80% of total jobs in the region.
- The annual private employment trend has shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total number of private sector jobs in the Des Moines, IA metropolitan area on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Des Moines private employment trend is a key indicator of the overall economic health and labor market conditions in the region, which is important for businesses, policymakers, and residents.
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: This employment trend is used by local and regional policymakers to inform decisions on economic development, workforce training, and other initiatives aimed at supporting business growth and job creation.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of several months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU42000004245300001A), retrieved from FRED.