Average Weekly Hours of All Employees, Goods-Producing
AWHAEGP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.90
Year-over-Year Change
0.50%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks average weekly work hours for goods-producing employees. Provides critical insight into labor productivity 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
Measures the typical work week length in goods-producing sectors. Indicates economic health and labor market conditions.
Methodology
Calculated through comprehensive surveys of manufacturing, mining, and construction employers.
Historical Context
Used by policymakers to assess economic productivity and potential labor market shifts.
Key Facts
- Covers manufacturing, mining, construction sectors
- Indicates economic activity and workforce utilization
- Helps predict potential economic changes
FAQs
Q: What industries are included in goods-producing sectors?
A: Includes manufacturing, mining, construction, and related industrial production industries.
Q: Why are average weekly hours important?
A: Reflects economic health, productivity levels, and potential workforce changes.
Q: How do weekly hours impact economic analysis?
A: Longer hours can indicate economic expansion; shorter hours might suggest economic contraction.
Q: Can weekly hours predict economic trends?
A: Often used as a leading indicator of economic performance and potential business cycle changes.
Q: How frequently is this data updated?
A: Monthly updates provide current insights into goods-producing sector work patterns.
Related Trends
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees, Goods-Producing (AWHAEGP), retrieved from FRED.