Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Hungary
Monthly, Seasonally Adjusted
LCEAMN01HUM661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
276.60
Year-over-Year Change
10.30%
Date Range
1/1/1995 - 4/1/2025
Summary
This economic indicator measures monthly manufacturing employment in the U.S., adjusted for seasonal variations. It provides important insights into the health and trends of the manufacturing sector, a key driver of the broader 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 Monthly, Seasonally Adjusted manufacturing employment series tracks the number of workers employed in the U.S. manufacturing industry on a monthly basis, with adjustments made to account for typical seasonal fluctuations. This data series is a closely watched metric used by economists, policymakers, and analysts to gauge the strength and trajectory of the manufacturing economy.
Methodology
The data is collected through surveys of U.S. businesses and establishments by the Bureau of Labor Statistics.
Historical Context
Manufacturing employment figures are influential in monetary and fiscal policy decisions made by the Federal Reserve and other government entities.
Key Facts
- U.S. manufacturing employed over 12.8 million workers as of 2022.
- Manufacturing accounts for approximately 11% of total U.S. employment.
- Manufacturing productivity has increased by over 60% since 2000.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the monthly number of workers employed in the U.S. manufacturing industry, with adjustments made to account for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key barometer of the health and direction of the broader economy, making this data series essential for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and establishments by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Manufacturing employment figures are closely watched by the Federal Reserve and other government entities and can influence monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (LCEAMN01HUM661S), retrieved from FRED.