All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Ohio
SMU39000005552200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.60
Year-over-Year Change
-1.99%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of all employees in the financial activities sector, specifically in credit intermediation and related activities, including monetary authorities and the central bank, for the state of Ohio.
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 Ohio trend provides insights into the employment levels within the financial services industry in Ohio, which is a key indicator of economic activity and stability.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and financial analysts to assess the health of the financial sector and broader economic conditions.
Key Facts
- Ohio's financial activities sector employs over 250,000 people.
- Employment in this sector has remained relatively stable in recent years.
- The financial activities industry accounts for approximately 5% of Ohio'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 monetary authorities and the central bank, within the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into the health and activity of the financial services industry in Ohio, which is a key driver of the state's economy and a crucial indicator for policymakers, economists, and financial analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, economists, and financial analysts to assess the overall health of the financial sector and broader economic conditions, which informs policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release delay of around one month, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Ohio (SMU39000005552200001A), retrieved from FRED.