All Employees: Financial Activities: Finance and Insurance in Indiana
This dataset tracks all employees: financial activities: finance and insurance in indiana over time.
Latest Value
110.10
Year-over-Year Change
-2.22%
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 the state of Indiana. It provides 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 Indiana metric tracks the total employment in financial institutions, insurance providers, and related services across the state. This data is used by economists and policymakers to monitor the strength of Indiana's financial services industry and its contribution to overall economic activity.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the competitiveness of Indiana's financial markets and the state's attractiveness for business investment.
Key Facts
- Indiana has over 200,000 employees in finance and insurance.
- Finance and insurance accounts for 6% of Indiana's total employment.
- This sector has grown by 10% in Indiana over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the finance and insurance industry across the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength and growth of a key sector of Indiana's economy, which is important for understanding the state's overall economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment data to monitor the finance and insurance industry in Indiana and inform decisions related to economic development, workforce planning, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a lag of several weeks before the latest figures are available.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Indiana (SMS18000005552000001), retrieved from FRED.