All Employees: Financial Activities: Finance and Insurance in Delaware
SMS10000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.70
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the finance and insurance industry in the state of Delaware. 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 Delaware 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 analyze economic activity, labor market trends, and the competitiveness of Delaware's financial services sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by state and local governments, as well as financial institutions, to inform economic development strategies and assess the state's business climate.
Key Facts
- Delaware is a major hub for the U.S. financial services industry.
- The finance and insurance sector accounts for over 20% of Delaware's GDP.
- Delaware has one of the highest concentrations of financial sector employment in the country.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the finance and insurance industry within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and growth of Delaware's key financial services sector, which is a major driver of the state's economy.
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: State and local governments, as well as financial institutions, closely monitor this employment trend to inform economic development strategies and assess Delaware's business climate.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a short lag time between the reference period and publication.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Delaware (SMS10000005552000001), retrieved from FRED.