All Employees: Financial Activities in Wisconsin
SMU55000005500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
159.20
Year-over-Year Change
5.50%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the financial activities sector in the state of Wisconsin. It is an important indicator of labor market conditions and economic activity in the financial 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 in Wisconsin metric tracks the total employment levels across a range of financial services businesses, including banking, insurance, real estate, and other finance-related enterprises. This data point is closely watched by economists and policymakers to assess the health and growth of Wisconsin's financial services industry.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used to inform economic and labor market policy decisions at the state and federal level.
Key Facts
- Wisconsin has over 150,000 employees in the financial activities sector.
- Financial services account for over 8% of Wisconsin's total non-farm employment.
- Employment in this sector has grown by 10% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the financial activities sector in the state of Wisconsin, including banking, insurance, real estate, and other finance-related enterprises.
Q: Why is this trend relevant for users or analysts?
A: This employment data is closely watched by economists and policymakers as an indicator of the health and growth of Wisconsin'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 employment trend is used to inform economic and labor market policy decisions at the state and federal level.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in Wisconsin (SMU55000005500000001A), retrieved from FRED.