All Employees: Financial Activities: Finance and Insurance in North Carolina
SMU37000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
242.40
Year-over-Year Change
1.72%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the finance and insurance industry within North Carolina. It provides insight into the state's financial services sector and its economic significance.
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: Finance and Insurance in North Carolina data series tracks the employment levels across various finance and insurance establishments located in the state. This metric is used by economists and policymakers to analyze the health and growth of North Carolina's financial industry.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for assessing the competitiveness and resiliency of North Carolina's financial markets.
Key Facts
- North Carolina is a major financial hub in the southeastern United States.
- The finance and insurance industry is a significant contributor to the state's GDP.
- Employment in this sector has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the finance and insurance industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of North Carolina's financial services sector, which is a key component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments 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 assessing the competitiveness and resiliency of North Carolina's financial markets, which is important for policymakers and economic analysts.
Q: Are there update delays or limitations?
A: The data is subject to the standard release schedule and potential revisions by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in North Carolina (SMU37000005552000001), retrieved from FRED.