Production or Nonsupervisory Employees: Manufacturing in Virginia
Monthly, Seasonally Adjusted
SMU51000003000000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.41
Year-over-Year Change
-0.43%
Date Range
1/1/2001 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted trend measures average weekly hours worked in the private sector in the United States. This metric is a key indicator of labor market conditions and economic activity.
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 series represents the average number of hours per week that private sector employees work, adjusted for seasonal variations. It is widely used by economists and policymakers to assess employment, productivity, and overall economic performance.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of employers.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Key Facts
- The average workweek in the private sector is around 34.5 hours.
- Longer average work hours can signal economic expansion.
- Shorter work hours may indicate a weakening labor market.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted trend measures the average number of hours per week that private sector employees work in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of labor market conditions and overall economic activity, providing insights into employment, productivity, and business cycle trends.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of employers.
Q: How is this trend used in economic policy?
A: The Monthly, Seasonally Adjusted trend is closely monitored by the Federal Reserve and other institutions to inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around two weeks.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU51000003000000006SA), retrieved from FRED.