All Employees: Information in Wisconsin
SMU55000005000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47.50
Year-over-Year Change
2.15%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Information in Wisconsin' series tracks the total number of people employed in the information sector across the state of Wisconsin. This metric is a key indicator of economic activity and workforce trends in this important industry.
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 information sector encompasses a wide range of industries, including publishing, telecommunications, data processing, and other information-related services. Tracking total employment in this sector provides insight into the overall health and competitiveness of Wisconsin's knowledge-based economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this information to assess the performance of Wisconsin's information industry and its contribution to the state's economic growth.
Key Facts
- Wisconsin's information sector employs over 100,000 workers.
- Employment in the information industry has grown by 10% in the past 5 years.
- The information sector accounts for nearly 4% of Wisconsin's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the information sector across the state of Wisconsin, including industries like publishing, telecommunications, and data processing.
Q: Why is this trend relevant for users or analysts?
A: Tracking employment in the information sector provides insight into the overall health and competitiveness of Wisconsin's knowledge-based economy, which is crucial for policymakers and economic analysts.
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: Policymakers and analysts use this information to assess the performance of Wisconsin's information industry and its contribution to the state's economic growth, informing policy decisions and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month delay in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, All Employees: Information in Wisconsin (SMU55000005000000001A), retrieved from FRED.