All Employees: Manufacturing: Non-Durable Goods: Plastics and Rubber Products Manufacturing in Alabama
SMU01000003232600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.36
Year-over-Year Change
0.48%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of non-durable goods manufacturing employees in the plastics and rubber products industry in Alabama. It provides insight into the health and activity of this important 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: Plastics and Rubber Products Manufacturing in Alabama trend tracks the total number of employees in this industry within the state. It is a key indicator of production and labor market dynamics in this manufacturing segment.
Methodology
The data is collected through surveys of industrial and commercial establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by economists, policymakers, and industry analysts to monitor manufacturing activity and employment trends.
Key Facts
- Alabama is a major hub for plastics and rubber products manufacturing.
- This industry accounts for over 30,000 jobs in the state.
- Employment in this sector has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of non-durable goods manufacturing employees in the plastics and rubber products industry in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of an important manufacturing sector, which is crucial for understanding broader economic and labor market dynamics in Alabama.
Q: How is this data collected or calculated?
A: The data is collected through surveys of industrial and commercial establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this metric to monitor manufacturing activity and employment trends, which informs economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods: Plastics and Rubber Products Manufacturing in Alabama (SMU01000003232600001SA), retrieved from FRED.