All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Massachusetts
Annual
SMU25000005552200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.50
Year-over-Year Change
-12.17%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the total annual average number of employees in non-farm private establishments in the United States. This key economic indicator provides insights into the overall health and performance of the U.S. labor market.
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 Annual trend represents the average number of non-farm private employees on an annual basis. It is a widely used indicator of economic activity and a gauge of the strength of the labor market, with implications for consumer spending, business investment, and policy decisions.
Methodology
The data is collected through monthly surveys of non-farm private establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers closely monitor the Annual trend to assess the overall state of the economy and inform decisions around fiscal and monetary policy.
Key Facts
- The Annual trend reached a peak of 130.3 million employees in 2019.
- The COVID-19 pandemic caused a sharp decline in the Annual trend in 2020.
- The Annual trend is a key input for the Federal Reserve's monetary policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total annual average number of employees in non-farm private establishments in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a crucial indicator of the overall health and performance of the U.S. labor market, with implications for consumer spending, business investment, and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of non-farm private establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor the Annual trend to assess the overall state of the economy and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The Annual trend data is published with a one-month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Annual (SMU25000005552200001A), retrieved from FRED.