All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in North Carolina
SMU37000005552200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
121.00
Year-over-Year Change
2.28%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the total number of employees in the credit intermediation and related activities industry, including monetary authorities and central banks, in North Carolina. It provides insight into the strength and growth of the financial 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 North Carolina trend measures the total number of people employed in the credit intermediation, banking, and related financial services industries within the state of North Carolina. This data is used by economists and policymakers to analyze the health and activity of North Carolina's financial sector.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding the overall economic and financial conditions in North Carolina, as the credit and banking industries are key drivers of the state's economy.
Key Facts
- North Carolina has the 9th largest financial services industry in the U.S.
- The credit intermediation and related activities sector employs over 200,000 people in North Carolina.
- This trend has shown steady growth over the past decade, reflecting the state's robust financial sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the credit intermediation, banking, and related financial services industries within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength and growth of North Carolina's financial sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the health and activity of North Carolina's financial sector, which informs economic and financial policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in North Carolina (SMU37000005552200001), retrieved from FRED.