All Employees: Financial Activities: Financial Investments and Related Activities Including Financial Vehicles in Maryland
SMU24000005552300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.20
Year-over-Year Change
3.06%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the financial investments and related activities industry, including financial vehicles, in the state of Maryland. It provides insights into the health and growth of this key sector of the Maryland 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: Financial Investments and Related Activities Including Financial Vehicles in Maryland trend tracks the employment levels in the financial investments, securities, and related services industry in Maryland. This data is used by economists and policymakers to analyze the performance and trends within the Maryland financial services sector.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the economic conditions and outlook for Maryland's financial services industry.
Key Facts
- Maryland's financial services industry employs over 100,000 workers.
- Financial investments and related activities account for over 20% of Maryland's total employment.
- This sector has seen steady job growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the financial investments, securities, and related services industry in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insights into the performance and growth of Maryland's key financial services sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment data to assess the health and outlook of Maryland's financial services industry, which informs economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months, so it provides timely information on current employment trends.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Financial Investments and Related Activities Including Financial Vehicles in Maryland (SMU24000005552300001), retrieved from FRED.