Employment for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Local (NAICS 484220) in the United States
Thousands of Jobs
IPUIN484220W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
235.90
Year-over-Year Change
4.10%
Date Range
1/1/1987 - 1/1/2024
Summary
This series measures the total number of jobs in thousands across all manufacturing industries in the United States. It is a key indicator of the health and strength of the U.S. manufacturing sector.
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 metric tracks employment levels in the U.S. manufacturing industry. It is a broad measure that encompasses jobs across various manufacturing sub-sectors, providing insight into the overall state of the manufacturing economy.
Methodology
The data is collected through surveys of U.S. businesses by the Federal Reserve.
Historical Context
Analysts and policymakers closely monitor manufacturing employment to assess economic conditions and guide policy decisions.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing accounts for approximately 11% of the total U.S. GDP.
- The Thousands of Jobs metric has shown a steady recovery since the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The Thousands of Jobs metric measures the total employment levels in the U.S. manufacturing sector, providing a broad indicator of the health and activity of the industry.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key economic indicator that helps analysts and policymakers assess the overall strength of the U.S. economy and guide decisions on economic policy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. businesses conducted by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor manufacturing employment to gauge the health of the broader economy and inform decisions on fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The Thousands of Jobs data is published monthly with a typical lag of one to two months from the reference period.
Related Trends
Labor Compensation for Transportation and Warehousing: Air Transportation (NAICS 481) in the United States
IPUIN481L020000000
Output per Worker for Transportation and Warehousing: General Warehousing and Storage (NAICS 493110) in the United States
IPUIN493110W000000000
Employment for Transportation and Warehousing: General Warehousing and Storage (NAICS 493110) in the United States
IPUIN493110W201000000
Unit Labor Costs for Transportation and Warehousing: Specialized Freight (Except Used Goods) Trucking, Local (NAICS 48422) in the United States
IPUIN48422U101000000
Employment for Transportation and Warehousing: Scheduled Air Transportation (NAICS 4811) in the United States
IPUIN4811W010000000
Employment for Transportation and Warehousing: Scenic and Sightseeing Transportation, Other (NAICS 4879) in the United States
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Citation
U.S. Federal Reserve, Thousands of Jobs (IPUIN484220W200000000), retrieved from FRED.