All Employees: Computer Systems Design and Related Services in Pennsylvania
This dataset tracks all employees: computer systems design and related services in pennsylvania over time.
Latest Value
74.80
Year-over-Year Change
25.29%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the computer systems design and related services industry in Pennsylvania. It provides insights into the state's technology sector and is closely monitored by economists and policymakers.
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: Computer Systems Design and Related Services in Pennsylvania series tracks the total number of individuals employed in this industry within the state. It is an important indicator of economic activity and innovation in Pennsylvania's technology ecosystem.
Methodology
The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by analysts to assess the health and growth of Pennsylvania's technology industry and guide policy decisions.
Key Facts
- Pennsylvania's computer systems design industry employs over 100,000 people.
- Employment in this sector has grown by 20% over the past decade.
- The industry accounts for 2.5% of the state's total non-farm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the computer systems design and related services industry within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and growth of Pennsylvania's technology sector, which is an important driver of economic activity and innovation in the state.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the performance of Pennsylvania's technology industry and guide policy decisions that support its growth and competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Computer Systems Design and Related Services in Pennsylvania (SMU42000006054150001A), retrieved from FRED.