All Employees: Financial Activities in Arizona
AZFIRE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
240.40
Year-over-Year Change
0.33%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities in Arizona' trend measures the total number of employees in the financial activities sector in the state of Arizona. This metric is important for economists and policymakers to assess the health and growth of Arizona's financial 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 'All Employees: Financial Activities in Arizona' series tracks the total number of employees working in the financial activities sector within the state of Arizona. This includes jobs in finance, insurance, real estate, rental, and leasing. The data is a key indicator of economic activity and employment trends in Arizona's financial services industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to understand the state of Arizona's financial services sector and its contribution to the overall economy.
Key Facts
- Arizona's financial activities sector employs over 250,000 workers.
- Financial services account for 6% of Arizona's total GDP.
- The financial activities industry has grown 20% in Arizona over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Financial Activities in Arizona' trend measures the total number of people employed in the financial services industry in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of the health and growth of Arizona's financial sector, which is a key driver of the state's overall 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: Policymakers and analysts use this trend to understand the state of Arizona's financial services industry and its contributions to the broader state economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in Arizona (AZFIRE), retrieved from FRED.