All Employees: Financial Activities: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Minnesota
SMU27000005552210001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.50
Year-over-Year Change
-3.60%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the financial activities sector, specifically in depository credit intermediation and monetary authorities in Minnesota. It provides insights into the employment dynamics of the state's banking and financial services 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
The All Employees: Financial Activities: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Minnesota trend tracks the employment levels in the financial services sector, which is a key indicator of economic activity and industry performance in the state. This data is used by economists, policymakers, and businesses to assess the health and growth of Minnesota's financial industry.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform economic policy decisions and analyze market conditions in Minnesota's financial sector.
Key Facts
- Minnesota has a large and diverse financial services industry.
- The financial sector is a significant employer in the state.
- Employment trends in this industry can signal broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the financial activities sector, specifically in depository credit intermediation and monetary authorities, in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the employment dynamics of Minnesota's banking and financial services industry, which is a key indicator of economic activity and industry performance in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used to inform economic policy decisions and analyze market conditions in Minnesota's financial sector.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of the U.S. Bureau of Labor Statistics surveys.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Depository Credit Intermediation Including Monetary Authorities - Central Bank in Minnesota (SMU27000005552210001), retrieved from FRED.