All Employees: Financial Activities: Insurance Carriers and Related Activities in North Carolina
SMU37000005552400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85.80
Year-over-Year Change
0.23%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of all employees in the insurance carriers and related activities industry in North Carolina. It provides insight into the state's financial services sector and labor market.
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: Insurance Carriers and Related Activities in North Carolina metric tracks the total number of workers employed in this specific industry within the state. It is a key indicator of the size and health of North Carolina's insurance and financial services industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and industry analysts to assess the economic conditions and labor market trends in North Carolina's financial sector.
Key Facts
- North Carolina is a major hub for the insurance industry in the U.S.
- Employment in this sector has grown steadily over the past decade.
- The insurance industry is a significant contributor to North Carolina's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the insurance carriers and related activities industry in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the size, growth, and health of North Carolina's financial services sector, which is a crucial part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this trend to assess the economic conditions and labor market trends in North Carolina's financial sector, which informs policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to typical government data publication lags, but is generally released on a monthly basis with minimal delays.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities: Insurance Carriers and Related Activities in North Carolina (SMU37000005552400001), retrieved from FRED.