Average Weekly Hours of All Employees: Financial Activities in Montana
SMU30000005500000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.60
Year-over-Year Change
1.08%
Date Range
1/1/2007 - 6/1/2025
Summary
The 'Average Weekly Hours of All Employees: Financial Activities in Montana' is an important economic indicator that measures the average weekly hours worked by employees in the financial industry within the state of Montana.
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
This data series provides insights into labor demand and productivity trends in Montana's financial sector. It is used by economists, policymakers, and analysts to assess the health and outlook of the state's financial industry and broader economy.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric informs economic and employment policy decisions at the state and national level.
Key Facts
- Montana's financial sector employs over 20,000 workers.
- The average workweek in Montana's financial industry is around 37 hours.
- This metric has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly hours worked by all employees in Montana's financial activities sector, providing insight into labor demand and productivity in this industry.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding the health and outlook of Montana's financial industry and broader economy, informing economic and employment policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric informs economic and employment policy decisions at the state and national level, as it provides insights into labor demand and productivity in Montana's financial sector.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of approximately one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Financial Activities in Montana (SMU30000005500000002), retrieved from FRED.