Average Weekly Hours of Production Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Massachusetts
SMU25000003133400007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.00
Year-over-Year Change
2.50%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked by production employees in the computer and electronic product manufacturing sector in Massachusetts. It provides insights into labor market dynamics and production capacity in this key 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 average weekly hours metric reflects the volume of work and labor utilization in the durable goods manufacturing sector, specifically the computer and electronic product segment. It is a valuable indicator for economists and policymakers to assess the health and output of this critical industry within the Massachusetts economy.
Methodology
The data is collected through establishment surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, investors, and policymakers to gauge the strength of the manufacturing industry and its implications for the broader economy.
Key Facts
- Massachusetts is a major hub for computer and electronic product manufacturing.
- This sector accounts for a significant portion of the state's manufacturing output.
- Changes in average weekly hours can signal shifts in production capacity and labor demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly hours worked by production employees in the computer and electronic product manufacturing sector in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor market dynamics and production capacity in a key industry, which is valuable for economists and policymakers assessing the health of the Massachusetts economy.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, investors, and policymakers to gauge the strength of the manufacturing industry and its implications for the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Massachusetts (SMU25000003133400007), retrieved from FRED.