All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Maryland
SMU24000005552200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.40
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the credit intermediation and related activities sector, including monetary authorities and central banking, for the state of Maryland. It provides insight into the health and labor demand of the financial services industry in the region.
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 Maryland series tracks the total number of people employed in this sector across the state. It is an important indicator of economic activity and labor market conditions in Maryland's financial services industry.
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 financial analysts to assess the state of Maryland's banking and credit markets.
Key Facts
- Maryland's financial activities sector employed over 130,000 workers as of the latest data.
- Employment in this sector has grown by 5% in the past 5 years.
- The credit intermediation subsector accounts for the majority of jobs in this industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the credit intermediation and related activities sector, including monetary authorities and central banking, for the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and labor demand of Maryland's financial services industry, which is a key driver of the state's economy.
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: Policymakers, economists, and financial analysts closely monitor this trend to assess the state of Maryland's banking and credit markets and inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month lag, and may be subject to periodic revisions by the data source.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Maryland (SMU24000005552200001), retrieved from FRED.