All Employees: Financial Activities in Ohio
OHFIRE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
317.50
Year-over-Year Change
1.37%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities in Ohio' trend measures the total number of employees in the financial sector across Ohio. This key economic indicator provides insights into the health and growth of Ohio'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 Ohio' series tracks the total employment in the financial sector within the state of Ohio. This metric is used by economists and policymakers to monitor the strength and trajectory of Ohio's financial services industry.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses and households.
Historical Context
This trend is relevant for understanding Ohio's economic performance and the state's competitiveness in attracting financial services jobs and investment.
Key Facts
- Ohio is a major hub for the financial services industry in the Midwest.
- Financial activities account for over 5% of Ohio's total non-farm employment.
- The financial sector in Ohio has experienced steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Financial Activities in Ohio' trend measures the total number of people employed in the financial sector across the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and growth of Ohio's financial industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses and households.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to monitor the competitiveness of Ohio's financial services sector and inform decisions on economic development and industry support.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in Ohio (OHFIRE), retrieved from FRED.