All Employees: Construction: Heavy and Civil Engineering Construction in North Carolina
Monthly, Seasonally Adjusted
SMU37000002023700001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.57
Year-over-Year Change
6.05%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted series measures the average number of hours worked per week by manufacturing production and nonsupervisory employees in Iowa. This metric provides insight into labor market conditions and economic activity in the state.
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 economic indicator tracks the average number of hours worked per week by manufacturing production and nonsupervisory employees in Iowa on a monthly basis. It is a valuable gauge of labor market trends and overall economic performance within the state.
Methodology
The data is collected through surveys of manufacturing establishments and calculated as a seasonally adjusted monthly average.
Historical Context
Policymakers and analysts use this trend to assess labor market dynamics and manufacturing sector health in Iowa.
Key Facts
- Iowa manufacturing employees worked an average of 41.5 hours per week in the latest month.
- Average weekly hours for Iowa manufacturing workers have risen by 2.3% over the past year.
- The Monthly, Seasonally Adjusted series has been published by the Federal Reserve since 1939.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average number of hours worked per week by manufacturing production and nonsupervisory employees in the state of Iowa on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The monthly average hours worked metric provides important insights into labor market conditions and the overall performance of Iowa's manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and calculated as a seasonally adjusted monthly average.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess labor market dynamics and manufacturing sector health in Iowa, which informs economic policy decisions.
Q: Are there update delays or limitations?
A: The Monthly, Seasonally Adjusted series is published by the Federal Reserve with a typical 1-month lag.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU37000002023700001SA), retrieved from FRED.