Expenses for Technical and Trade Schools, All Establishments, Employer Firms
This dataset tracks expenses for technical and trade schools, all establishments, employer firms over time.
Latest Value
12836.00
Year-over-Year Change
16.32%
Date Range
1/1/2009 - 1/1/2022
Summary
This economic trend measures the expenses for technical and trade schools operated by employer firms in the United States. It provides insights into the costs and investment in vocational education, which is important for analyzing workforce development and skills training.
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 Expenses for Technical and Trade Schools, All Establishments, Employer Firms series tracks the operating costs of vocational and technical schools that are run by businesses rather than public institutions. This metric is useful for understanding the private sector's role in providing specialized career-focused education and training.
Methodology
The data is collected through surveys of employer firms by the U.S. Census Bureau.
Historical Context
This trend is relevant for policymakers, educators, and labor market analysts looking to evaluate the landscape of private-sector technical and vocational education.
Key Facts
- This metric excludes public and non-profit technical schools.
- Expenses include tuition, fees, and operating costs for employer-run programs.
- The data is released annually with a 1-year lag.
FAQs
Q: What does this economic trend measure?
A: This trend measures the operating expenses for technical and trade schools that are run by employer firms, rather than public or non-profit institutions.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the private sector's role and investment in vocational education and workforce training, which is important for understanding labor market dynamics and skills development.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employer firms conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, educators, and labor market analysts use this trend to evaluate the landscape of private-sector technical and vocational education and its implications for workforce development.
Q: Are there update delays or limitations?
A: The data is released annually with a 1-year lag, so there is a delay in the most recent information.
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Citation
U.S. Federal Reserve, Expenses for Technical and Trade Schools, All Establishments, Employer Firms (TATSEAEEF36115), retrieved from FRED.