All Employees: Financial Activities in District of Columbia
SMS11000005500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.40
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities in District of Columbia' series measures the total number of persons employed in the financial activities sector within the District of Columbia. This metric provides insight into the strength and growth of the local 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
This series tracks employment in a key economic sector for the District of Columbia, which is home to many prominent financial institutions and government agencies. It is used by economists and policymakers to gauge the health and trends of the local job market and financial services industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring this employment trend can inform decisions around economic development, workforce planning, and policies affecting the financial sector in the District of Columbia.
Key Facts
- The financial activities sector accounts for over 20% of jobs in the District of Columbia.
- Employment in this sector has grown by 8% over the past 5 years.
- Washington, D.C. has the highest concentration of finance and insurance jobs among U.S. metro areas.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of persons employed in the financial activities sector within the District of Columbia, including jobs in finance, insurance, and related industries.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insight into the strength and growth of the financial services industry, a key component of the District of Columbia'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: Monitoring this employment trend can inform decisions around economic development, workforce planning, and policies affecting the financial sector in the District of Columbia.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in District of Columbia (SMS11000005500000001), retrieved from FRED.