All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Maryland
SMU24000005552200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.53
Year-over-Year Change
0.63%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the financial activities sector, specifically in credit intermediation and related activities, including monetary authorities and central banking, in Maryland.
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 employment levels in this key economic sector, providing insights into the health and growth of Maryland's financial services industry.
Methodology
The data is collected through monthly surveys of nonfarm establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and market analysts to assess the economic conditions and labor market dynamics in Maryland's financial services sector.
Key Facts
- Maryland's financial activities sector employs over 130,000 people.
- Credit intermediation and related activities account for the majority of financial services jobs in the state.
- Employment in this sector has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in Maryland's financial activities sector, specifically in credit intermediation and related activities, including monetary authorities and central banking.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth 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 monthly surveys of nonfarm establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and market analysts use this trend to assess the economic conditions and labor market dynamics in Maryland's financial services sector, which informs policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay between the reference period and the publication date.
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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 (SMU24000005552200001SA), retrieved from FRED.