All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Alabama
SMU01000005552200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.23
Year-over-Year Change
-1.05%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the number of all employees in the financial activities sector, specifically credit intermediation and related activities, including monetary authorities - central bank, in the state of Alabama. It provides insight into the employment dynamics of a key economic sector.
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: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Alabama metric tracks the total number of people employed in these financial industry segments within the state. This data is used by economists and policymakers to analyze labor market trends and the health of the financial services industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the economic performance and labor market conditions in Alabama's financial services industry.
Key Facts
- Alabama's financial activities sector employed over 90,000 people as of the latest data.
- Credit intermediation and related activities make up the largest segment within Alabama's financial activities industry.
- Employment in this sector has shown steady growth over the past decade in Alabama.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the financial activities sector, specifically in credit intermediation and related activities, including monetary authorities - central bank, within the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor market dynamics and economic performance of Alabama's financial services industry, which is a crucial sector for 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: Policymakers and economists use this trend to assess the health and growth of Alabama's financial services industry, which can inform economic development strategies and financial regulation.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely information on employment trends in this sector.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Alabama (SMU01000005552200001SA), retrieved from FRED.