Quarterly, Seasonally Adjusted
LFIN55FEO1Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,778,000.00
Year-over-Year Change
-1.79%
Date Range
1/1/2005 - 4/1/2017
Summary
This quarterly, seasonally adjusted series measures the employment level of the financial activities sector in the United States. It is a key indicator of the health and growth of 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 Financial Activities employment level tracks the number of workers employed in the finance, insurance, and real estate industries. It provides insight into the size and strength of the financial sector, which is a crucial driver of overall economic activity.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this indicator to monitor the performance of the financial industry and its impact on the broader economy.
Key Facts
- The financial activities sector accounts for over 6% of total U.S. employment.
- Employment in this sector grew by 3.2% in 2022 compared to the previous year.
- The COVID-19 pandemic caused a sharp decline in financial activities employment in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the employment level in the financial activities sector of the U.S. economy, including finance, insurance, and real estate industries.
Q: Why is this trend relevant for users or analysts?
A: The financial activities employment level is a key indicator of the health and growth of the financial industry, which is a crucial driver of overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor the performance of the financial industry and its impact on the broader economy.
Q: Are there update delays or limitations?
A: This series is published on a quarterly basis, with a typical delay of about one month after the end of the reference quarter.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFIN55FEO1Q647S), retrieved from FRED.