All Employees: Financial Activities: Finance and Insurance in Arizona
SMS04000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
180.00
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the finance and insurance industry in Arizona. It provides important insights into the health and growth of this key sector of the state's economy.
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: Finance and Insurance in Arizona series tracks the total number of people employed in the finance and insurance industry within the state. This metric is widely used by economists and policymakers to monitor the performance and trends in this crucial component of Arizona's economic landscape.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by analysts and policymakers to understand the dynamics of Arizona's financial services industry and its broader economic implications.
Key Facts
- Arizona has a large and diverse finance and insurance sector.
- This industry accounts for a significant portion of the state's GDP.
- Employment in finance and insurance has shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the finance and insurance industry within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and growth of a crucial sector of Arizona's economy, which is closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely watched by analysts and policymakers to understand the dynamics of Arizona's financial services industry and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is published monthly with typical update delays of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Arizona (SMS04000005552000001), retrieved from FRED.