Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Utah
Monthly, Seasonally Adjusted
SMU49000003100000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.32
Year-over-Year Change
-3.34%
Date Range
1/1/2001 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted series measures the average weekly hours worked in the Manufacturing sector in the United States. This metric provides insights into production levels 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
The Monthly, Seasonally Adjusted series tracks the average number of hours per week that manufacturing employees work. It is a key indicator of productivity and capacity utilization in the industrial sector, which is crucial for understanding broader economic trends.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health of the manufacturing industry and make informed decisions about economic policy.
Key Facts
- The average weekly hours worked in U.S. manufacturing was 40.4 in December 2022.
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The series has been tracked by the U.S. Bureau of Labor Statistics since 1939.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series measures the average number of hours per week that manufacturing employees work in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into production levels, labor market conditions, and the overall health of the manufacturing industry, which is a crucial sector for the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the state of the manufacturing industry and make informed decisions about economic policy, such as monetary and fiscal measures.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of a few weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU49000003100000006SA), retrieved from FRED.