All Employees: Financial Activities: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Alabama
SMU01000005552210001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.44
Year-over-Year Change
-1.32%
Date Range
1/1/2002 - 7/1/2025
Summary
This economic trend tracks the number of all employees in the financial activities sector, specifically in the depository credit intermediation industry, including monetary authorities and the central bank, for the state of Alabama.
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: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Alabama metric provides insights into the labor force and economic activity within the banking and finance industry in Alabama. It is a key indicator used by economists and policymakers to assess the health and trends of the state's financial sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used to inform economic and monetary policy decisions at the state and national levels.
Key Facts
- Alabama's financial activities sector employs over 100,000 people.
- Depository credit intermediation, including central banking, accounts for a significant portion of the state's financial industry.
- Employment in this sector has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the financial activities sector, specifically in the depository credit intermediation industry, including monetary authorities and the central bank, for the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and trends of Alabama's banking and finance industry, which is a critical component of the state's economy. It is used by economists and policymakers to assess economic conditions and inform policy decisions.
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: This trend is widely used by policymakers and analysts to monitor the performance of Alabama's financial sector and inform economic and monetary policy decisions at the state and national levels.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with some potential for short delays in publication. The metric may not capture all aspects of the financial industry, as it focuses specifically on depository credit intermediation and related activities.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Alabama (SMU01000005552210001SA), retrieved from FRED.