All Employees: Financial Activities: Finance and Insurance in Florida
SMS12000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
467.40
Year-over-Year Change
0.30%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the finance and insurance industry in Florida. It provides insight into the strength and growth of this critical sector of 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 Florida metric tracks the total employment levels in Florida's finance and insurance industries. This data is used by economists and policymakers to analyze the health and trajectory of this key economic driver.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding Florida's economic performance and competitiveness in attracting and retaining financial services jobs.
Key Facts
- Florida is a major hub for financial services in the southeastern U.S.
- The finance and insurance industry is a key driver of Florida's economy.
- Employment in this sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the finance and insurance industry located in the state of Florida.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength and growth of Florida's financial services sector, which is a critical part 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 economists use this data to assess the performance and competitiveness of Florida's financial services industry.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Florida (SMS12000005552000001), retrieved from FRED.