All Employees: Financial Activities: Finance and Insurance in Kentucky
This dataset tracks all employees: financial activities: finance and insurance in kentucky over time.
Latest Value
73.70
Year-over-Year Change
0.68%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the total number of employees in the finance and insurance industry in the state of Kentucky. It provides insights into the strength and growth of the financial sector within 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 Kentucky trend tracks the total number of individuals employed in the finance and insurance industry across the state. This data point is used by economists and policymakers to analyze the health and performance of Kentucky's financial services sector.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the role of the finance and insurance industry in Kentucky's overall economic landscape.
Key Facts
- Kentucky's finance and insurance industry employs over 100,000 people.
- The sector accounts for nearly 5% of the state's total employment.
- Employment in this industry has grown by 10% over the past 5 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 Kentucky.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the strength and performance of Kentucky's financial services sector, which is an important component of the state's overall economic landscape.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health and growth of Kentucky's finance and insurance industry, which can inform economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with a short delay of approximately one to two months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Kentucky (SMS21000005552000001), retrieved from FRED.