Durable Manufacturing Earnings in Indiana
INEDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,135,757.00
Year-over-Year Change
1.89%
Date Range
1/1/1998 - 1/1/2025
Summary
The Durable Manufacturing Earnings in Indiana metric tracks the average weekly earnings of production and nonsupervisory employees in the durable goods manufacturing sector for the state of Indiana. This data provides insight into the economic conditions and trends within Indiana's manufacturing industry.
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 Durable Manufacturing Earnings in Indiana series represents the average weekly earnings of production and nonsupervisory employees specifically within the durable goods manufacturing sector in the state of Indiana. This metric is used by economists and policymakers to monitor the financial health and economic activity of Indiana's durable manufacturing industry.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of establishments in the durable goods manufacturing sector.
Historical Context
Trends in durable manufacturing earnings can inform economic and policy decisions related to the manufacturing industry in Indiana.
Key Facts
- Indiana is a major hub for durable goods manufacturing.
- Durable manufacturing accounts for a significant portion of the state's economy.
- Earnings in this sector can indicate the overall strength of Indiana's manufacturing industry.
FAQs
Q: What does this economic trend measure?
A: The Durable Manufacturing Earnings in Indiana metric tracks the average weekly earnings of production and nonsupervisory employees in the durable goods manufacturing sector for the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the financial health and economic activity of Indiana's durable manufacturing industry, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of establishments in the durable goods manufacturing sector.
Q: How is this trend used in economic policy?
A: Trends in durable manufacturing earnings can inform economic and policy decisions related to the manufacturing industry in Indiana, such as workforce development, investment, and trade policies.
Q: Are there update delays or limitations?
A: The data is subject to the normal publication schedule and data collection processes of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Durable Manufacturing Earnings in Indiana (INEDUR), retrieved from FRED.