All Employees: Financial Activities: Finance and Insurance in Connecticut
SMU09000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.10
Year-over-Year Change
1.81%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total employment in the finance and insurance industry in the state of Connecticut. It provides important insights into the strength and growth of the financial sector in 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 Connecticut metric tracks the total number of people employed in the finance and insurance industry within the state. This data point is closely monitored by economists and policymakers to assess the health and competitiveness of Connecticut's financial services sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used to inform economic policy decisions and monitor the broader financial services industry in Connecticut.
Key Facts
- Connecticut is a major hub for the finance and insurance industry in the U.S.
- The finance and insurance sector accounts for a significant portion of the state's GDP.
- Employment in this industry has seen fluctuations due to economic cycles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the finance and insurance industry within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and growth of Connecticut's financial services sector, which is a critical part of 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: This employment trend is used to inform economic policy decisions and monitor the broader financial services industry in Connecticut.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Bureau of Labor Statistics, but may be subject to revisions and delays in reporting.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Connecticut (SMU09000005552000001), retrieved from FRED.