Employment for Transportation and Warehousing: Used Household and Office Goods Moving (NAICS 484210) in the United States
Thousands of Jobs
IPUIN484210W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.90
Year-over-Year Change
10.26%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic indicator tracks the total number of jobs in the U.S. manufacturing sector. It is a key metric for understanding the health and growth of the American industrial economy.
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 Thousands of Jobs series measures the total number of payroll jobs in the U.S. manufacturing industry. It is a widely-used indicator of production capacity, labor market conditions, and overall economic activity.
Methodology
The data is collected through a monthly survey of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers, economists, and investors to gauge the performance of the manufacturing sector.
Key Facts
- Manufacturing accounts for about 11% of total U.S. employment.
- Jobs in the sector have grown by 4.3% over the past 5 years.
- The Thousands of Jobs metric hit a record high of 17.8 million in 2019.
FAQs
Q: What does this economic trend measure?
A: The Thousands of Jobs indicator tracks the total number of payroll jobs in the U.S. manufacturing industry, providing a gauge of production capacity and labor market conditions.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers, economists, and investors as a key indicator of the health and growth of the American industrial economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Thousands of Jobs indicator is used by policymakers, central banks, and analysts to assess the performance of the manufacturing sector and inform decisions on economic policy, investment, and trade.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of around one month from the reference period.
Related Trends
Hourly Compensation for Transportation and Warehousing: Truck Transportation (NAICS 484) in the United States
IPUIN484U121000000
Hours Worked for Transportation and Warehousing: General Freight Trucking (NAICS 4841) in the United States
IPUIN4841L200000000
Hours Worked for Transportation and Warehousing: Local Messengers and Local Delivery (NAICS 4922) in the United States
IPUIN4922L010000000
Output per Worker for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States
IPUIN48412W001000000
Employment for Transportation and Warehousing: Used Household and Office Goods Moving (NAICS 48421) in the United States
IPUIN48421W201000000
Real Sectoral Output for Transportation and Warehousing: General Freight Trucking, Long-Distance (NAICS 48412) in the United States
IPUIN48412T011000000
Citation
U.S. Federal Reserve, Thousands of Jobs (IPUIN484210W200000000), retrieved from FRED.