All Employees: Financial Activities: Finance and Insurance in Mississippi
SMS28000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.90
Year-over-Year Change
0.30%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the finance and insurance industry in Mississippi. It provides important insights into the health and growth of the financial sector within the state's economy.
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: Finance and Insurance in Mississippi series tracks the total number of people employed in the finance and insurance industry across the state. This metric is a key indicator of the size and performance of the financial services sector, which plays a vital role in supporting economic activity and investment.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, analysts, and businesses to assess the economic conditions and outlook for Mississippi's financial industry.
Key Facts
- Mississippi has over 50,000 people employed in the finance and insurance industry.
- The finance and insurance sector accounts for around 5% of total employment in the state.
- Employment in this industry has grown by over 10% in Mississippi in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the finance and insurance industry across the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides valuable insights into the size, growth, and performance of Mississippi's financial services sector, which is a critical 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: Policymakers, analysts, and businesses closely monitor this employment trend to assess the economic conditions and outlook for Mississippi's finance and insurance industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Mississippi (SMS28000005552000001), retrieved from FRED.