All Employees: Manufacturing: Durable Goods in Mississippi
SMU28000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89.40
Year-over-Year Change
-1.32%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'All Employees: Manufacturing: Durable Goods in Mississippi' trend measures the total number of employees in the durable goods manufacturing sector across the state of Mississippi. This data is a key indicator of economic activity and labor market conditions in the manufacturing 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
This trend represents employment in the durable goods manufacturing subsector of the broader manufacturing industry in Mississippi. Durable goods refer to products designed to last three years or more, such as machinery, transportation equipment, and furniture. The employment figures are a valuable metric for assessing the strength and resilience of Mississippi's manufacturing base.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to inform decisions and strategies related to economic development, workforce planning, and industrial policy in Mississippi.
Key Facts
- Mississippi's durable goods manufacturing employs over 125,000 workers.
- Durable goods account for nearly 30% of total manufacturing employment in the state.
- Employment in this sector has grown by 5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the durable goods manufacturing sector across the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: The durable goods manufacturing employment figures are a key indicator of economic activity and labor market conditions in this important industrial sector for Mississippi.
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 analysts use this trend to inform decisions and strategies related to economic development, workforce planning, and industrial policy in Mississippi.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag, and may be subject to periodic revisions by the statistical agency.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in Mississippi (SMU28000003100000001), retrieved from FRED.