All Employees: Computer Systems Design and Related Services in Washington
This dataset tracks all employees: computer systems design and related services in washington over time.
Latest Value
73.30
Year-over-Year Change
85.10%
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 Washington state. It provides insights into the growth and health of this key technology sector.
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 Washington indicator tracks the total employment levels in companies that provide computer systems design, programming, and other IT services within the state of Washington. This metric is used by economists and policymakers to gauge the strength of the technology industry and labor market.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched as a barometer of Washington's innovation economy and technology job market.
Key Facts
- Washington is home to major tech hubs like Seattle and Redmond.
- This industry accounts for over 150,000 jobs in the state.
- Employment levels have grown by over 30% in the past decade.
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 in Washington state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the growth and health of Washington's key technology sector, which is crucial for understanding the state's innovation economy and labor market.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by economists and policymakers as a barometer of Washington's technology industry and job market.
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, All Employees: Computer Systems Design and Related Services in Washington (SMU53000006054150001A), retrieved from FRED.