All Employees: Financial Activities in Delaware
This dataset tracks all employees: financial activities in delaware over time.
Latest Value
49.40
Year-over-Year Change
16.51%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Financial Activities in Delaware' trend measures the total number of individuals employed in the financial activities sector within the state of Delaware. This data is a key indicator of economic health and growth in the financial services industry.
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
This series tracks the total number of individuals employed in a range of financial services jobs, including banking, insurance, securities, and real estate. It provides insight into the scale and vitality of Delaware's financial services sector, which is a major driver of the state's economy.
Methodology
The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this metric to monitor the performance and competitiveness of Delaware's financial industry.
Key Facts
- Delaware is a major U.S. financial center.
- The financial services industry accounts for over 25% of Delaware's GDP.
- Financial activities employment has grown by 8% in Delaware over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Financial Activities in Delaware' trend measures total employment in the financial services sector within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and performance of Delaware's vital financial services industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the competitiveness and health of Delaware's financial sector, which informs economic and regulatory decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short lag, providing timely insight into employment trends in Delaware's financial activities sector.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in Delaware (SMU10000005500000001A), retrieved from FRED.