All Employees: Financial Activities in Puerto Rico
SMU72000005500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.80
Year-over-Year Change
2.21%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the financial activities sector in Puerto Rico. It is an important indicator of the health and growth of the financial industry in the region.
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 in Puerto Rico metric tracks the total employment levels in Puerto Rico's financial sector, including banking, insurance, and real estate. This data provides insights into the overall strength and stability of the financial services industry in the territory.
Methodology
The data is collected through monthly surveys of Puerto Rican businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this trend to assess the performance and competitiveness of Puerto Rico's financial sector.
Key Facts
- Puerto Rico's financial sector accounts for over 10% of the territory's GDP.
- Employment in financial activities has remained relatively stable in recent years.
- The financial industry is a major employer in Puerto Rico, providing over 50,000 jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the financial activities sector in Puerto Rico, including banking, insurance, and real estate.
Q: Why is this trend relevant for users or analysts?
A: The financial activities employment trend provides insight into the health and growth of a key industry in Puerto Rico's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Puerto Rican businesses 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 assess the performance and competitiveness of Puerto Rico's financial sector, which is a critical component of the territory's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions based on updated business reporting.
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Citation
U.S. Federal Reserve, All Employees: Financial Activities in Puerto Rico (SMU72000005500000001), retrieved from FRED.