Average Weekly Hours of Production Employees: Manufacturing: Durable Goods in Alabama
Monthly
SMU01000003100000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.40
Year-over-Year Change
5.21%
Date Range
1/1/2001 - 7/1/2025
Summary
The Monthly Economic Trend measures the average hours worked per week by manufacturing employees in the United States. This data provides insights into labor market dynamics and production levels.
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 Monthly Economic Trend tracks the average number of hours worked per week by manufacturing employees. This metric is a key indicator of the health and activity of the U.S. manufacturing sector, which is a significant driver of economic growth.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The manufacturing hours worked trend is closely monitored by policymakers and economists to gauge the strength of the industrial economy.
Key Facts
- The average manufacturing workweek was 40.3 hours in December 2022.
- Manufacturing accounts for about 11% of U.S. GDP.
- The trend reached a low of 38.1 hours per week during the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: The Monthly Economic Trend measures the average number of hours worked per week by employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and activity of the manufacturing industry, which is a key driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The manufacturing hours worked trend is closely monitored by policymakers and economists to assess the strength of the industrial economy and guide economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of about one month from the reference period.
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Citation
U.S. Federal Reserve, Monthly (SMU01000003100000007), retrieved from FRED.