All Employees: Financial Activities: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Pennsylvania
SMU42000005552210001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
75.21
Year-over-Year Change
1.04%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the financial activities sector, specifically in depository credit intermediation including monetary authorities in Pennsylvania. It provides insights into the strength and employment levels of the state's banking and financial services industry.
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: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Pennsylvania trend tracks the monthly employment levels in this key economic sector. It serves as an important indicator of the overall health and activity within Pennsylvania's financial services industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and market analysts to assess the economic conditions and outlook for Pennsylvania's financial sector.
Key Facts
- Pennsylvania's financial activities sector accounts for over 6% of the state's total employment.
- Depository credit intermediation, including central banking, makes up nearly a quarter of the financial activities workforce in Pennsylvania.
- Employment in this sector has shown steady growth over the past decade, reflecting the economic importance of banking and finance in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the financial activities sector, specifically in depository credit intermediation including monetary authorities, within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides valuable insight into the strength and performance of Pennsylvania's banking and financial services industry, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this employment trend to assess the economic conditions and outlook for Pennsylvania's financial sector, which informs policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with a typical lag of approximately one month between the reference period and the data publication.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Pennsylvania (SMU42000005552210001SA), retrieved from FRED.