Average Weekly Hours of Production Employees: Manufacturing: Durable Goods in Utah
SMU49000003100000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.60
Year-over-Year Change
0.74%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the average weekly hours worked by production employees in the durable goods manufacturing sector in Utah. It is a key indicator of 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
The Average Weekly Hours of Production Employees: Manufacturing: Durable Goods in Utah measures the average number of hours worked per week by production employees in the durable goods manufacturing industry. This metric provides insight into the intensity of production and labor demand in the state's manufacturing sector.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the health of Utah's manufacturing industry and broader economic conditions.
Key Facts
- Utah's durable goods manufacturing sector employs over 100,000 workers.
- The average workweek in this industry is over 42 hours.
- Manufacturing accounts for approximately 10% of Utah's gross state product.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by production employees in the durable goods manufacturing industry in Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor market conditions and economic activity in Utah's manufacturing sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health of Utah's manufacturing industry and broader economic conditions, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of one to two months.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing: Durable Goods in Utah (SMU49000003100000007), retrieved from FRED.