All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Illinois
SMU17000005552200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115.90
Year-over-Year Change
0.61%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the financial activities sector, specifically in credit intermediation and related activities, including the monetary authorities and central bank in Illinois. It provides insights into the labor market and economic activity in the financial 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
The All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Illinois trend tracks the total number of employees in this specific industry and geographic area. It is a key indicator of the health and performance of the financial sector in Illinois, which is an important hub for banking, investment, and other financial services.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and market analysts to understand the dynamics of the financial industry and its impact on the broader economy.
Key Facts
- Illinois is a major hub for the financial services industry.
- The financial sector accounts for a significant portion of the state's economy.
- Employment in this sector is a key indicator of economic activity and growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the financial activities sector, specifically in credit intermediation and related activities, including the monetary authorities and central bank in Illinois.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of the financial industry in Illinois, which is a critical component of the state's economy. It is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and market analysts to understand the dynamics of the financial industry and its impact on the broader economy, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve, with a typical release delay of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Illinois (SMU17000005552200001), retrieved from FRED.