All Employees: Manufacturing: Durable Goods in Mississippi
Annual
SMU28000003100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
90.90
Year-over-Year Change
0.33%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual trend measures the annual average of total nonfarm employment in the United States. It is a key indicator of the overall health and growth of the U.S. economy.
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 Annual trend represents the average of monthly nonfarm payroll employment data over a calendar year. It provides a broad picture of labor market conditions and is widely used by economists, policymakers, and financial analysts to assess economic performance and trends.
Methodology
The data is collected from a monthly survey of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual employment trend is a crucial input for formulating economic and labor market policies.
Key Facts
- The U.S. has over 150 million nonfarm employees.
- Employment levels fluctuate with economic cycles.
- Annual data provides a high-level perspective on labor market conditions.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the average level of total nonfarm employment in the United States over a calendar year.
Q: Why is this trend relevant for users or analysts?
A: The Annual employment trend is a key indicator of overall economic health and performance, providing important context for policymakers, businesses, and financial markets.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual employment trend is a crucial input for formulating economic and labor market policies, as it reflects the broad state of the job market and overall economic conditions.
Q: Are there update delays or limitations?
A: The Annual employment data is published with a lag, typically several months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual (SMU28000003100000001A), retrieved from FRED.