All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in South Carolina
This dataset tracks all employees: financial activities: credit intermediation and related activities including monetary authorities - central bank in south carolina over time.
Latest Value
37.20
Year-over-Year Change
3.91%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the financial activities sector, specifically within credit intermediation and related activities, including monetary authorities and the central bank, for the state of South Carolina. It provides insight into the economic health and employment levels of the financial services industry in the region.
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 total number of people employed in the financial services sector in South Carolina, including commercial banks, credit unions, and other credit intermediation businesses, as well as monetary authorities and the central bank. This metric is used by economists and policymakers to analyze the strength and growth of the financial industry in the state.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the economic conditions and employment levels in South Carolina's financial services sector, which is an important component of the state's overall economy.
Key Facts
- South Carolina has a large and diverse financial services industry.
- The state's financial sector accounts for a significant portion of its GDP.
- Employment in credit intermediation and related activities has been relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the financial activities sector, specifically within credit intermediation and related activities, including monetary authorities and the central bank, for the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric is used by economists and policymakers to analyze the strength and growth of the financial industry in South Carolina, which is an important component of the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend provides insights into the economic conditions and employment levels in South Carolina's financial services sector, which can inform policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in the release of the most recent figures.
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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 (SMU45000005552200001A), retrieved from FRED.