Information Technology (It) Related Training Services for Software Publishers, All Establishments, Employer Firms
This dataset tracks information technology (it) related training services for software publishers, all establishments, employer firms over time.
Latest Value
4048.00
Year-over-Year Change
94.43%
Date Range
1/1/2013 - 1/1/2022
Summary
This economic trend measures the revenue from IT-related training services provided by software publishers. It offers insights into the software industry's investment in workforce development and the demand for specialized technology skills.
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 IT-related training services trend tracks the earnings of software publishers from offering training programs, workshops, and educational materials to support the use and development of their products. This metric helps analyze the software industry's focus on equipping its workforce with the necessary technical expertise.
Methodology
The data is collected through surveys of software publishing establishments in the United States.
Historical Context
This trend is useful for policymakers and industry analysts to assess the software sector's training and talent development initiatives.
Key Facts
- Software publishers generate revenue from IT-related training services.
- The trend measures the demand for specialized technology skills in the software industry.
- Monitoring this metric helps analyze workforce development initiatives in the sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the revenue earned by software publishers from providing IT-related training services, such as workshops, educational materials, and programs to support the use and development of their products.
Q: Why is this trend relevant for users or analysts?
A: This trend offers insights into the software industry's focus on equipping its workforce with the necessary technical expertise, which is crucial for the sector's growth and innovation.
Q: How is this data collected or calculated?
A: The data is collected through surveys of software publishing establishments in the United States.
Q: How is this trend used in economic policy?
A: This trend is useful for policymakers and industry analysts to assess the software sector's training and talent development initiatives, which can inform workforce development policies and industry support programs.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions, and there may be limitations in the coverage or representativeness of the survey respondents.
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Citation
U.S. Federal Reserve, Information Technology (IT) Related Training Services for Software Publishers, All Establishments, Employer Firms (SPITRTSAEE45112), retrieved from FRED.