All Employees: Financial Activities: Finance and Insurance in Missouri
SMU29000005552000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
139.30
Year-over-Year Change
8.74%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the finance and insurance sector in Missouri. It provides insight into the strength and growth of this important industry 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: Finance and Insurance in Missouri trend tracks the total number of individuals employed in the finance and insurance industry across the state. This metric is closely watched by economists and policymakers to gauge the health and performance of Missouri's financial services 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 used to inform economic and workforce development policies in Missouri.
Key Facts
- Missouri has over 250,000 employees in the finance and insurance sector.
- Finance and insurance accounts for 6% of total employment in Missouri.
- The industry has seen steady growth in the state over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the finance and insurance industry across the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the strength and performance of Missouri's financial services sector, 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: This trend is used to inform economic and workforce development policies in Missouri, as the finance and insurance industry is a major employer in the state.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Finance and Insurance in Missouri (SMU29000005552000001A), retrieved from FRED.