All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Minnesota
SMU27000005552200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.00
Year-over-Year Change
-3.17%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the financial activities sector, specifically in credit intermediation and related activities, including the central bank, in the state of Minnesota. It provides insight into the health and employment levels of the financial industry 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 Minnesota series tracks the total number of employees in this specific industry and geographic area. It is used by economists and policymakers to analyze the economic conditions and labor market trends in the financial sector within Minnesota.
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 relevant for understanding the state of the financial industry and its impact on the broader Minnesota economy.
Key Facts
- This trend has been tracked since 1990.
- Minnesota's financial activities sector employs over 200,000 people.
- The industry accounts for around 7% of the state's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the financial activities sector, specifically in credit intermediation and related activities, including the central bank, in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and employment levels of the financial industry in Minnesota, which is an important sector 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 trend is relevant for understanding the state of the financial industry and its impact on the broader Minnesota economy, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis with a short delay.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Minnesota (SMU27000005552200001), retrieved from FRED.