All Employees: Financial Activities: Finance and Insurance in Indiana
SMU18000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.40
Year-over-Year Change
-3.01%
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 Indiana. It provides insight into the strength and growth of this key sector of 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 Indiana metric tracks the employment levels across banks, insurance companies, investment firms, and other financial institutions located in the state. It is a valuable indicator of economic activity and industry performance.
Methodology
The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, investors, and economists to assess the financial health and labor market conditions in Indiana.
Key Facts
- Indiana's finance and insurance sector employs over 160,000 workers.
- This industry accounts for 5% of total non-farm employment in the state.
- Finance and insurance jobs in Indiana have grown by 8% over the past 5 years.
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 Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the strength and performance of a key sector of Indiana's economy, which is closely monitored by policymakers, investors, and economists.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers use this data to assess the financial health and labor market conditions in Indiana, which informs economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Indiana (SMU18000005552000001), retrieved from FRED.