All Employees: Financial Activities: Finance and Insurance in District of Columbia
This dataset tracks all employees: financial activities: finance and insurance in district of columbia over time.
Latest Value
12.58
Year-over-Year Change
-0.78%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the finance and insurance industry in the District of Columbia. It provides important insights into the strength and growth 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 District of Columbia data series tracks the total number of people employed in the finance and insurance industry within the District of Columbia. This metric is a key indicator of the size and vitality of the local 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 closely monitored by policymakers, economists, and financial analysts to gauge the health of the District's economy and labor market.
Key Facts
- The finance and insurance industry is a major employer in the District of Columbia.
- Employment in this sector has shown steady growth over the past decade.
- The District of Columbia is a hub for the financial services industry in the United States.
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 District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the strength and growth of the local financial services sector, which is a key driver of the District of Columbia'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, economists, and financial analysts closely monitor this trend to assess the health of the District of Columbia's economy and labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in District of Columbia (SMU11000005552000001SA), retrieved from FRED.