All Employees: Financial Activities in Hawaii
SMS15000005500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.60
Year-over-Year Change
0.73%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities in Hawaii' trend measures the total number of employees in the financial sector in the state of Hawaii. This data is important for economists and policymakers to understand the health and growth of Hawaii'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
This economic indicator tracks the total employment in Hawaii's financial activities sector, which includes industries such as banking, insurance, securities, and real estate. It provides insight into the overall size and performance of this key part of Hawaii's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers use this trend to monitor the financial sector's contribution to Hawaii's economic output and employment.
Key Facts
- Hawaii's financial activities sector employs over 30,000 people.
- The financial sector accounts for around 5% of Hawaii's total nonfarm employment.
- Financial activities employment in Hawaii has grown by 10% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in Hawaii's financial activities sector, including banking, insurance, securities, and real estate.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the size and performance of Hawaii's financial industry, which is an important contributor to the state's economy.
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 trend to monitor the financial sector's contribution to Hawaii's economic output and employment.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in Hawaii (SMS15000005500000001), retrieved from FRED.