All Employees: Manufacturing: Non-Durable Goods in Indiana
Monthly, Not Seasonally Adjusted
SMU18000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.30
Year-over-Year Change
2.96%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic indicator measures the monthly, not seasonally adjusted unemployment rate in the United States. It provides crucial insight into the underlying state of the labor market.
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, not seasonally adjusted unemployment rate is an important metric for understanding the health of the U.S. economy. It captures unemployment without the seasonal adjustments that can mask underlying trends, making it valuable for economists and policymakers.
Methodology
The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Historical Context
This indicator is closely watched by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The U.S. unemployment rate was 3.5% in February 2020 before the COVID-19 pandemic.
- Unemployment spiked to 14.7% in April 2020 due to pandemic-related job losses.
- The unemployment rate has since declined but remains elevated compared to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the monthly unemployment rate in the United States without seasonal adjustments. It provides a clear picture of the underlying state of the labor market.
Q: Why is this trend relevant for users or analysts?
A: The monthly, not seasonally adjusted unemployment rate is a crucial indicator for understanding the health of the U.S. economy and informing economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey conducted by the U.S. Census Bureau on behalf of the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is closely watched by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely insight into labor market conditions.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU18000003200000001), retrieved from FRED.