All Employees: Other Services in Wisconsin
WISRVO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149.90
Year-over-Year Change
2.39%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Other Services in Wisconsin' trend measures employment levels in the 'Other Services' sector across the state of Wisconsin. This metric provides valuable insights into the economic health and labor market dynamics of this key industry within the state.
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 'Other Services' sector encompasses a diverse range of businesses, including personal care services, religious organizations, and repair and maintenance services. This employment data helps policymakers and economists assess the state's broader service industry and monitor its performance relative to other economic indicators.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by state and local governments, as well as businesses, to gauge Wisconsin's economic conditions and guide policy decisions.
Key Facts
- Wisconsin's 'Other Services' sector employs over 200,000 workers.
- Employment in this sector has grown by 5% over the past 5 years.
- The 'Other Services' industry accounts for approximately 7% of Wisconsin's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Other Services in Wisconsin' trend measures employment levels in the 'Other Services' sector across the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the economic health and labor market dynamics of a key service industry within the state, helping policymakers and businesses assess Wisconsin's broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by state and local governments, as well as businesses, to gauge Wisconsin's economic conditions and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Other Services in Wisconsin (WISRVO), retrieved from FRED.