All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Puerto Rico
SMU72000005552200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.90
Year-over-Year Change
-23.21%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the financial activities sector, specifically in credit intermediation and related activities, including the monetary authorities central bank in Puerto Rico. It provides insight into the health and activity 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 Puerto Rico data series tracks the total number of people employed in this specific industry segment within the broader financial activities sector in Puerto Rico. It is a key indicator of economic activity and employment in the island's financial services ecosystem.
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 closely watched by policymakers, analysts, and market participants to gauge the strength of Puerto Rico's financial services industry and its broader economic conditions.
Key Facts
- Credit intermediation and related activities account for a significant portion of financial services employment in Puerto Rico.
- The central bank in Puerto Rico is a key employer within the financial activities sector.
- Employment trends in this industry can signal broader economic conditions in the region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the financial activities sector, specifically in credit intermediation and related activities, including the monetary authorities central bank in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and activity of the financial services industry in Puerto Rico, which is a key driver of the region's economy. It is closely watched by policymakers, analysts, and market participants.
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 employment trend is used by policymakers, economists, and market participants to gauge the strength of Puerto Rico's financial services industry and its broader economic conditions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of the U.S. Bureau of Labor Statistics surveys.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Puerto Rico (SMU72000005552200001A), retrieved from FRED.