All Employees: Financial Activities in Idaho
This dataset tracks all employees: financial activities in idaho over time.
Latest Value
43.10
Year-over-Year Change
4.61%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities in Idaho' trend tracks the total number of people employed in the financial sector within the state of Idaho. This data provides insight into the overall health and growth of Idaho'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
This series measures the total employment across financial services, banking, insurance, and related occupations in the state of Idaho. It is a key indicator of economic activity and a barometer for the financial sector's performance within the state.
Methodology
The data is collected through surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the financial industry's contribution to Idaho's overall economic output and development.
Key Facts
- Idaho's financial sector employs over 40,000 people.
- Financial activities account for 5% of Idaho's total employment.
- Employment in Idaho's financial industry has grown by 10% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Financial Activities in Idaho' trend measures the total number of people employed in the financial sector within the state of Idaho, including jobs in banking, insurance, and other financial services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of Idaho's financial industry, which is a key driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the financial industry's contribution to Idaho's economic output and development, informing decisions on regulation, investment, and economic policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay between the reference period and the release date.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in Idaho (IDFIRE), retrieved from FRED.