All Employees: Financial Activities: Finance and Insurance in District of Columbia
SMU11000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.60
Year-over-Year Change
-0.79%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of employees in the finance and insurance industry in Washington, D.C. It provides important insights into the economic health and employment trends within the financial sector of the nation's capital.
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 District of Columbia series tracks the total number of people employed in the finance and insurance industry in Washington, D.C. This metric is a key indicator of the District's financial services sector, which is a significant component of the local economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and financial analysts to assess the strength and resilience of Washington, D.C.'s financial services industry.
Key Facts
- Washington, D.C. is a major hub for the U.S. financial services industry.
- The finance and insurance sector is a significant employer in the District's economy.
- Tracking financial employment trends in D.C. provides insights into the local and national economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the finance and insurance industry in Washington, D.C.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the economic health and employment trends within the financial sector of the nation's capital, which is a key component of the local and national economy.
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 trend is closely monitored by policymakers, economists, and financial analysts to assess the strength and resilience of Washington, D.C.'s financial services industry.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and potential revisions by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in District of Columbia (SMU11000005552000001), retrieved from FRED.