All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Massachusetts
SMU25000005552200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
51.30
Year-over-Year Change
0.59%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the credit intermediation and related activities industry, including monetary authorities, in Massachusetts. It provides insights into the health and growth of the financial services sector in the state.
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 Massachusetts series tracks the number of people employed in this key industry within the state. It is used by economists and policymakers to analyze the strength of Massachusetts' financial services and banking activities.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the broader economic conditions and competitiveness of Massachusetts' financial services industry.
Key Facts
- Massachusetts is a major financial center in the United States.
- This industry represents a significant portion of the state's economy.
- Employment in this sector can signal the overall health of the financial services industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the credit intermediation and related activities industry, including monetary authorities, in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the strength and growth of the financial services sector in Massachusetts, which is a key industry for 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: This employment trend is relevant for understanding the broader economic conditions and competitiveness of Massachusetts' financial services industry, which can inform policymaking and market analysis.
Q: Are there update delays or limitations?
A: There may be some delays in the data reporting due to the nature of the survey-based collection process, but the information is generally considered timely and reliable.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Massachusetts (SMU25000005552200001), retrieved from FRED.