All Employees: Financial Activities: Finance and Insurance in the District of Columbia
This dataset tracks all employees: financial activities: finance and insurance in the district of columbia over time.
Latest Value
12.70
Year-over-Year Change
-26.16%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the finance and insurance industry within the District of Columbia. It provides insight into the health and activity of the local financial 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: Finance and Insurance in the District of Columbia metric tracks employment levels in financial services, banking, insurance, and related industries for the Washington, D.C. metropolitan area. This data is used to analyze the strength and trends of the local financial industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, investors, and analysts to gauge the economic performance of the District of Columbia.
Key Facts
- Washington, D.C. is a major U.S. financial center.
- The finance and insurance industry is a key part of D.C.'s economy.
- This metric tracks over 100,000 financial services jobs in the District.
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 District of Columbia metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the health and performance of the local financial sector, which is a critical part of Washington, D.C.'s economy.
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 employment metric is closely monitored by policymakers, investors, and analysts to gauge the economic conditions and outlook for the District of Columbia.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be some delay in reporting compared to the current employment situation.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in the District of Columbia (SMU11000005552000001A), retrieved from FRED.