All Employees: Financial Activities in North Carolina
NCFIRE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
311.00
Year-over-Year Change
0.58%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities in North Carolina' trend measures employment in the financial sector within the state of North Carolina. This metric provides insight into the health and growth of the state's financial industry, which is a key driver of economic activity.
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 tracks the total number of people employed in financial activities, including banking, insurance, and real estate, across North Carolina. It is a valuable indicator of the financial services industry's performance and can inform economic analysis and policy decisions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the economic conditions and outlook for North Carolina's financial sector.
Key Facts
- North Carolina is a major financial center in the southeastern United States.
- The financial services industry accounts for a significant portion of the state's GDP.
- Employment in this sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Financial Activities in North Carolina' trend measures the total number of people employed in the financial services industry, including banking, insurance, and real estate, within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and growth of North Carolina's financial sector, which is a key driver of the state's economy. It is an important indicator for policymakers, economists, and investors analyzing the economic conditions and outlook for the region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the economic conditions and outlook for North Carolina's financial sector, which can inform policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in North Carolina (NCFIRE), retrieved from FRED.