All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in South Carolina
SMU45000005552200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.20
Year-over-Year Change
-0.27%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the credit intermediation and related activities sector, including monetary authorities, in South Carolina. It provides insights into the state's financial services industry and economic conditions.
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 South Carolina trend tracks the number of people employed in these key financial services roles within the state. This metric is used by economists and policymakers to monitor the health and growth of South Carolina's financial sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the performance of South Carolina's banking, lending, and other financial services markets.
Key Facts
- South Carolina has over 80,000 employees in credit intermediation and related financial activities.
- Employment in this sector has grown by 10% in the past 5 years.
- The financial services industry accounts for 6% of South Carolina's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in credit intermediation, banking, and other financial services activities in the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and growth of South Carolina's financial services sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to monitor the performance of South Carolina's banking, lending, and other financial services markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in South Carolina (SMU45000005552200001), retrieved from FRED.