All Employees: Financial Activities: Financial Investments and Related Activities Including Financial Vehicles in Pennsylvania
SMU42000005552300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.34
Year-over-Year Change
-1.40%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the number of all employees in the financial investments and related activities industry, including financial vehicles, in the state of Pennsylvania. It provides insights into the health and growth of this key economic sector.
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: Financial Investments and Related Activities Including Financial Vehicles in Pennsylvania metric tracks employment levels in the financial services industry, which plays a crucial role in the state's economy. This data helps economists and policymakers assess the broader trends and conditions in Pennsylvania's financial sector.
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 widely used by analysts, investors, and policymakers to monitor the financial industry's performance and its impact on the overall state economy.
Key Facts
- Pennsylvania's financial activities sector employs over 300,000 people.
- Financial investments and related activities account for a significant portion of the state's economic output.
- Employment in this industry has shown steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of all employees in the financial investments and related activities industry, including financial vehicles, in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the health and growth of Pennsylvania's crucial financial services sector, which is a significant driver 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: This financial employment trend is widely used by analysts, investors, and policymakers to monitor the performance of Pennsylvania's financial industry and its impact on the overall state economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical update delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Financial Investments and Related Activities Including Financial Vehicles in Pennsylvania (SMU42000005552300001SA), retrieved from FRED.