All Employees: Financial Activities: Direct Life Insurance Carriers in Connecticut
SMU09000005552411301 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.80
Year-over-Year Change
0.00%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the number of all employees in the direct life insurance carriers industry in Connecticut. It is an important indicator of the financial activities sector's performance in the state.
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: Direct Life Insurance Carriers in Connecticut series tracks the total number of people employed in the direct life insurance industry in the state. This metric provides insight into the health and growth of this key financial services sector within the Connecticut economy.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by economists, policymakers, and industry analysts to assess the strength of Connecticut's insurance and financial services markets.
Key Facts
- Connecticut is a major hub for the insurance industry.
- Life insurance carriers are a key part of the state's financial services sector.
- Employment in this industry has been relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the direct life insurance carriers industry in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and health of a critical component of Connecticut's financial services sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment trend to assess the strength of Connecticut's insurance and financial services markets.
Q: Are there update delays or limitations?
A: The data is released 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: Direct Life Insurance Carriers in Connecticut (SMU09000005552411301), retrieved from FRED.