All Employees: Manufacturing: Non-Durable Goods in Utah
SMS49000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
56.70
Year-over-Year Change
2.72%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of non-durable goods manufacturing employees in the state of Utah. It provides insight into the health and activity of Utah's non-durable manufacturing sector.
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: Manufacturing: Non-Durable Goods in Utah metric tracks the total number of individuals employed in the manufacture of non-durable products within the state. This data point is used by economists and policymakers to assess the strength and trajectory of Utah's manufacturing industry.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding economic conditions and policy decisions related to Utah's manufacturing sector.
Key Facts
- Utah's non-durable manufacturing employs over 70,000 workers.
- This sector accounts for 20% of the state's total manufacturing jobs.
- The non-durable goods industry in Utah has seen steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the non-durable goods manufacturing sector within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the health and performance of Utah's manufacturing industry, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength and trajectory of Utah's manufacturing sector, which informs decisions related to economic development, workforce training, and other policy initiatives.
Q: Are there update delays or limitations?
A: The data is released with a typical one-month lag and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Utah (SMS49000003200000001), retrieved from FRED.