All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Rhode Island
SMU44000005552200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.20
Year-over-Year Change
-9.73%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of all employees in the credit intermediation and related activities industry, including monetary authorities, in the state of Rhode Island. It provides insights into the financial sector's labor market dynamics 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 Rhode Island trend is an important indicator of economic activity and employment in Rhode Island's financial services industry. It helps analysts and policymakers understand the health and growth of this key sector.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the state of Rhode Island's financial markets and can inform economic policy decisions.
Key Facts
- Rhode Island has a significant financial services industry.
- Employment in this sector has fluctuated over time.
- The trend provides insight into the state's economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of all employees in the credit intermediation and related activities industry, including monetary authorities, in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding the health and growth of Rhode Island's financial services industry, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend can inform economic policy decisions related to the financial sector and overall economic conditions in Rhode Island.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological limitations of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Rhode Island (SMU44000005552200001A), retrieved from FRED.