Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for Luxembourg
Monthly, Not Seasonally Adjusted
LCEAMN01LUM661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.75
Year-over-Year Change
0.40%
Date Range
1/1/1980 - 10/1/2024
Summary
This economic trend measures monthly, not seasonally adjusted employment levels in the U.S. lumber industry. It provides valuable insights into the health and fluctuations of this important 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 Monthly, Not Seasonally Adjusted employment data for the U.S. lumber industry offers a detailed picture of staffing levels in this critical manufacturing segment. Economists and policymakers use this time series to analyze workforce trends and make informed decisions about economic policy.
Methodology
The data is collected through surveys of U.S. businesses in the lumber industry.
Historical Context
This employment trend is a key indicator for assessing the state of the U.S. housing and construction markets.
Key Facts
- Lumber is a $200 billion industry in the U.S.
- The U.S. has over 10,000 lumber production facilities.
- Lumber industry employment accounts for over 400,000 jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly, not seasonally adjusted employment levels in the U.S. lumber industry.
Q: Why is this trend relevant for users or analysts?
A: The lumber industry employment data provides valuable insights into the health of the U.S. housing and construction markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses in the lumber industry.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this time series to analyze workforce trends and make informed decisions about economic policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay to allow for collection and processing.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (LCEAMN01LUM661N), retrieved from FRED.