All Employees: Financial Activities: Insurance Carriers and Related Activities in Indiana
SMU18000005552400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57.00
Year-over-Year Change
-3.55%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities: Insurance Carriers and Related Activities in Indiana' trend measures the number of people employed in the insurance industry in Indiana. This data is valuable for economists and policymakers to analyze employment trends in the state's 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
This series tracks the total number of employees in the insurance and related activities industry in the state of Indiana. It provides insight into the size and health of this important component of the state's financial services sector.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly establishment survey.
Historical Context
This employment trend is used by analysts to assess the economic conditions and outlook for Indiana's insurance industry.
Key Facts
- Indiana's insurance industry employs over 60,000 workers.
- Employment in this sector has grown by 8% in the past 5 years.
- The insurance industry accounts for 2.3% of Indiana's total non-farm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the insurance carriers and related activities industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the size and performance of Indiana's insurance sector, which is a significant component of the state's financial services industry.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly establishment survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment data to assess the economic conditions and outlook for Indiana's insurance industry, which informs decision-making and policy considerations.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Insurance Carriers and Related Activities in Indiana (SMU18000005552400001), retrieved from FRED.