All Employees: Financial Activities in Connecticut
CTFIRE • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
119.10
Year-over-Year Change
0.76%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities in Connecticut' metric tracks employment in the financial sector of the Connecticut economy. This provides insight into the health and growth of the state's financial services industry, a key driver of economic activity.
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
This series measures the total number of employees in financial activities in the state of Connecticut. It includes jobs in banking, insurance, securities, and other financial services. The data is used by economists and policymakers to monitor the performance of Connecticut's financial sector and make informed decisions.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Changes in financial sector employment in Connecticut can signal broader economic trends and inform state-level policy decisions.
Key Facts
- Connecticut is a major hub for financial services in the U.S.
- The financial sector accounts for over 10% of Connecticut's GDP.
- Financial activities employment in Connecticut has grown by 8% since 2015.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees in the financial activities sector in the state of Connecticut, including jobs in banking, insurance, securities, and other financial services.
Q: Why is this trend relevant for users or analysts?
A: Changes in financial sector employment in Connecticut can provide insights into the overall health and performance of the state's economy, as the financial services industry is a major driver of economic activity.
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: Policymakers and economists use this data to monitor the strength of Connecticut's financial sector and inform state-level economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in Connecticut (CTFIRE), retrieved from FRED.