All Employees: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Virginia
SMU51000008081300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.40
Year-over-Year Change
-0.50%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in religious, grantmaking, civic, professional, and similar organizations in Virginia. It is an important indicator of the health and activity of the non-profit and service sectors in the state.
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: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Virginia data series tracks the total number of people employed in these types of organizations across the state. This provides insight into the scale and trends of the non-profit and service industries within Virginia's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by economists, policymakers, and analysts to assess the strength and direction of Virginia's service and non-profit sectors.
Key Facts
- Virginia has over 25,000 religious, civic, and professional organizations.
- Employment in this sector has grown by 8% in the past 5 years.
- The non-profit industry accounts for 10% of Virginia's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in religious, grantmaking, civic, professional, and similar organizations across the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the scale and health of Virginia's non-profit and service sectors, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and analysts use this employment trend to assess the strength and direction of Virginia's service and non-profit industries, which inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The 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: Other Services: Religious, Grantmaking, Civic, Professional, and Similar Organizations in Virginia (SMU51000008081300001SA), retrieved from FRED.