Average Weekly Hours of All Employees: Financial Activities in Missouri
SMU29000005500000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.30
Year-over-Year Change
3.90%
Date Range
1/1/2007 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked by all employees in the financial activities sector in Missouri. It provides insight into labor demand and productivity in this key 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 Average Weekly Hours of All Employees: Financial Activities in Missouri tracks the typical number of hours worked per week by employees in Missouri's financial services, insurance, real estate, rental, and leasing industries. This metric helps economists and policymakers understand labor market dynamics and industry performance.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by analysts to assess the health and activity levels of Missouri's financial sector.
Key Facts
- Missouri's financial activities sector employs over 210,000 workers.
- The average workweek in this sector is typically around 37 hours.
- Weekly hours have remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by all employees in Missouri's financial activities sector, including finance, insurance, real estate, and related industries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor demand, productivity, and performance in a key industry for Missouri's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to assess the health and activity levels of Missouri's financial sector, which is important for understanding broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of about one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Financial Activities in Missouri (SMU29000005500000002), retrieved from FRED.