All Employees: Financial Activities in North Carolina
NCFIREN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
314.00
Year-over-Year Change
1.06%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Financial Activities in North Carolina' trend measures the total number of people employed in the financial sector within the state of North Carolina. This statistic is a key indicator of economic activity and growth in the state's finance 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
This data series tracks the total employment levels in North Carolina's financial sector, including jobs in banking, insurance, investment, and other finance-related occupations. It provides insight into the health and performance of this critical industry within the state's economy.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the economic conditions and competitiveness of North Carolina's financial services industry.
Key Facts
- North Carolina is a leading financial center in the Southeast U.S.
- Financial activities account for over 7% of the state's total employment.
- The financial sector in North Carolina has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Financial Activities in North Carolina' metric tracks the total number of people employed in the financial sector within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and performance of North Carolina's critical financial services industry, which is a key driver 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: Policymakers and analysts use this metric to assess the economic conditions and competitiveness of North Carolina's financial services industry.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in North Carolina (NCFIREN), retrieved from FRED.