Production or Nonsupervisory Employees: Financial Activities in Missouri
SMU29000005500000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.80
Year-over-Year Change
12.54%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the number of production or nonsupervisory employees in the financial activities sector in Missouri. It provides valuable insights into the health and labor dynamics of this important industry within 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 Production or Nonsupervisory Employees: Financial Activities in Missouri series tracks the number of non-managerial employees in financial services, insurance, real estate, and related fields across the state. This data is used by economists and policymakers to monitor labor market trends and assess the performance of Missouri's financial sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the economic conditions and workforce dynamics within Missouri's financial industry, which is a key driver of the state's economy.
Key Facts
- Missouri's financial activities sector employed over 200,000 workers as of the latest data.
- The number of production and nonsupervisory employees in this sector has increased by 5% over the past 5 years.
- Financial activities account for nearly 8% of total employment in the state of Missouri.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of production or nonsupervisory employees in the financial activities sector within the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the labor dynamics and health of Missouri's important financial industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to monitor the financial sector's performance and inform decisions related to economic development, workforce, and industry regulations in Missouri.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Financial Activities in Missouri (SMU29000005500000006A), retrieved from FRED.