All Employees: Financial Activities: Finance and Insurance in Idaho
SMU16000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.10
Year-over-Year Change
4.36%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the finance and insurance industry in Idaho. It provides important insights into the health and growth of this critical sector for 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 Idaho trend tracks the total number of employees working in the finance and insurance industry within the state. This data offers valuable insights into the size, composition, and trends of this economically significant sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Historical Context
This employment data is closely watched by policymakers, analysts, and businesses to understand the dynamics of Idaho's financial services industry.
Key Facts
- Idaho's finance and insurance sector employs over 30,000 people.
- Employment in this industry has grown by 10% over the past 5 years.
- The finance and insurance sector accounts for 4% of Idaho's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the finance and insurance industry within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and growth of Idaho's finance and insurance 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 the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and businesses closely monitor this employment data to understand the dynamics of Idaho's financial services industry and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Idaho (SMU16000005552000001), retrieved from FRED.