Infra-Annual Labor Statistics: Employment Total: From 25 to 54 Years for G7
Growth rate previous period, Not Seasonally Adjusted
G7LFEM25TTGPQ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-0.32
Year-over-Year Change
-30.59%
Date Range
4/1/2005 - 1/1/2018
Summary
This economic indicator measures the quarter-over-quarter growth rate in U.S. manufacturing employment, without adjusting for seasonal factors. It provides insight into the momentum and cyclical changes in the manufacturing labor market.
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 growth rate previous period, not seasonally adjusted, tracks the change in manufacturing employment compared to the prior quarter. This metric is used by economists and policymakers to assess the health and trajectory of the manufacturing sector, a key driver of the broader U.S. economy.
Methodology
The data is calculated based on the U.S. Bureau of Labor Statistics' monthly establishment survey.
Historical Context
Trends in manufacturing employment growth are closely monitored by the Federal Reserve and other agencies to inform economic and monetary policy decisions.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing productivity has increased by over 2.5x since the 1970s.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the quarter-over-quarter growth rate in U.S. manufacturing employment, without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: Trends in manufacturing employment growth provide important insights into the health and momentum of a key sector of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is calculated based on the U.S. Bureau of Labor Statistics' monthly establishment survey.
Q: How is this trend used in economic policy?
A: Monitoring manufacturing employment growth is critical for the Federal Reserve and other agencies in informing economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months.
Related Trends
Infra-Annual Labor Statistics: Unemployment Female: From 55 to 64 Years for G7
G7LFUN55FESTQ
Infra-Annual Labor Statistics: Monthly Unemployment Female: 15 Years or over for G7
G7LFHUTTFESTQ
Balance of Payments: Secondary Income: Revenue for G7
G7B6CRSI01CXCUQ
Infra-Annual Labor Statistics: Monthly Unemployment Rate Female: 15 Years or over for G7
G7LRHUTTFESTM
Balance of Payments: Capital Account: Balance (Revenue Minus Expenditure) for G7
G7B6CATT00CXCUQ
Infra-Annual Labor Statistics: Employment Rate Female: From 15 to 24 Years for G7
G7LREM24FESTSAQ
Citation
U.S. Federal Reserve, Growth rate previous period, Not Seasonally Adjusted (G7LFEM25TTGPQ), retrieved from FRED.