Orders: Construction: Permits Issued: Dwellings and Residential Buildings for France
Number, Monthly, Seasonally Adjusted
FRAODCNPI03STSAM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,499.03
Year-over-Year Change
3.06%
Date Range
1/1/1960 - 11/1/2023
Summary
This economic indicator measures the monthly, seasonally adjusted number of employees in the finance and insurance sector of the U.S. economy. It is a key metric for analyzing labor market trends and economic performance in the 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 Number, Monthly, Seasonally Adjusted metric tracks the total number of employees in the finance and insurance industry, adjusted for seasonal fluctuations. This data provides insights into the health and growth of the financial sector, which is a critical component of the broader U.S. economy.
Methodology
The data is collected through surveys of business establishments and calculated with seasonal adjustments by the U.S. Bureau of Labor Statistics.
Historical Context
This economic trend is closely monitored by policymakers, economists, and financial analysts to assess the strength and stability of the finance and insurance industry.
Key Facts
- The finance and insurance sector accounts for approximately 4% of total U.S. employment.
- Employment in this sector has grown by over 20% since the early 2000s.
- The COVID-19 pandemic caused a temporary decline in finance and insurance jobs in 2020.
FAQs
Q: What does this economic trend measure?
A: This metric measures the monthly, seasonally adjusted number of employees in the finance and insurance sector of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: The finance and insurance industry is a critical component of the U.S. economy, and this data provides insights into the health and growth of this sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments and calculated with seasonal adjustments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and financial analysts closely monitor this trend to assess the strength and stability of the finance and insurance industry, which is important for the broader economic performance.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Number, Monthly, Seasonally Adjusted (FRAODCNPI03STSAM), retrieved from FRED.