All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Wisconsin
SMU55000006056000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.60
Year-over-Year Change
1.97%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the administrative, support, waste management, and remediation services industries in Wisconsin. It provides insights into the state's professional and business services 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: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Wisconsin metric tracks employment levels in a key component of the state's economy. It is used by economists and policymakers to assess the health and growth of Wisconsin's business services industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding Wisconsin's economic performance and labor market conditions.
Key Facts
- Wisconsin has over 300,000 employees in administrative and support services.
- The industry accounts for 10% of total nonfarm employment in the state.
- Employment in this sector has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the administrative, support, waste management, and remediation services industries in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Wisconsin's professional and business services sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess labor market conditions and the overall performance of Wisconsin's business services industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Professional and Business Services: Administrative and Support and Waste Management and Remediation Services in Wisconsin (SMU55000006056000001), retrieved from FRED.