All Employees: Manufacturing: Durable Goods in North Carolina
Annual, Not Seasonally Adjusted
SMU37000003100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
246.20
Year-over-Year Change
5.08%
Date Range
1/1/1990 - 1/1/2024
Summary
The Annual, Not Seasonally Adjusted trend measures total private employment in the United States. This metric is a key indicator of overall economic activity and labor market conditions.
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 data series tracks the total number of private sector jobs in the U.S. on an annual basis, without seasonal adjustments. It provides a comprehensive view of employment levels across the economy and is widely used by economists, policymakers, and market analysts.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in private employment are closely monitored to assess the strength of the U.S. economy and inform policy decisions.
Key Facts
- The U.S. private sector employed over 130 million workers in 2022.
- Annual private employment has grown by over 20% since the Great Recession.
- The services sector accounts for the majority of private jobs in the U.S.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted trend measures the total number of private sector jobs in the United States on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of overall economic activity and labor market conditions, providing insights into the strength and performance of the U.S. private sector.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in private employment are closely monitored by policymakers, economists, and market analysts to assess the health of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with an annual not seasonally adjusted series available.
Related Trends
Real Gross Domestic Product: Other Transportation and Support Activities (487-488, 492) in North Carolina
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Per Capita Personal Consumption Expenditures: Services: Household Consumption Expenditures for Services for North Carolina
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Durable Manufacturing Earnings in North Carolina
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU37000003100000001A), retrieved from FRED.