Indexes of Aggregate Weekly Hours of All Employees, Nondurable Goods
CEU3200000016 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.60
Year-over-Year Change
0.31%
Date Range
3/1/2006 - 7/1/2025
Summary
Measures aggregate weekly work hours for employees in nondurable goods manufacturing. Critical indicator of labor utilization and economic activity.
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
Tracks total weekly hours worked across nondurable goods industries. Provides insights into employment levels and production capacity.
Methodology
Bureau of Labor Statistics collects employer-reported data on total employee work hours.
Historical Context
Economists and policymakers use to assess manufacturing sector productivity and employment trends.
Key Facts
- Indexes total hours worked in nondurable manufacturing
- Indicates production capacity and employment levels
- Monthly data point tracking workforce engagement
FAQs
Q: What does aggregate weekly hours indicate?
A: Measures total work hours across all employees in nondurable goods sectors. Reflects employment and productivity levels.
Q: How do weekly hours relate to economic performance?
A: Higher hours suggest increased production and economic activity. Lower hours might indicate economic slowdown.
Q: How frequently is this data collected?
A: Monthly updates provide current snapshot of manufacturing workforce engagement.
Q: Why track aggregate hours?
A: Provides more comprehensive view of labor utilization than simple employment count.
Q: What influences weekly work hours?
A: Economic conditions, seasonal demand, technological changes, and industry-specific factors impact work hours.
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Citation
U.S. Federal Reserve, Indexes of Aggregate Weekly Hours of All Employees, Nondurable Goods (CEU3200000016), retrieved from FRED.