Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Estonia
LFEAMNTTEEA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111,275.00
Year-over-Year Change
-3.64%
Date Range
1/1/2000 - 1/1/2024
Summary
This economic trend measures the total employment in the manufacturing sector in Estonia, providing insights into the country's industrial activity and economic conditions.
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 Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Estonia trend represents the number of individuals employed in the manufacturing industry within Estonia. This data point is a key indicator of the country's industrial production and economic performance.
Methodology
The data is collected through national labor force surveys conducted by Estonia's statistical agency.
Historical Context
This trend is closely monitored by policymakers, economists, and businesses to assess the health of Estonia's manufacturing sector and broader economy.
Key Facts
- Estonia is a major exporter of manufactured goods in the Baltic region.
- The manufacturing sector accounts for over 20% of Estonia's GDP.
- Employment in Estonia's manufacturing industry has grown steadily in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment in the manufacturing sector within Estonia, providing insights into the country's industrial activity and economic conditions.
Q: Why is this trend relevant for users or analysts?
A: This trend is a key indicator of Estonia's industrial production and economic performance, making it highly relevant for policymakers, economists, and businesses monitoring the country's economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through national labor force surveys conducted by Estonia's statistical agency.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and businesses to assess the health of Estonia's manufacturing sector and broader economy, informing policy decisions and market strategies.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by Estonia's statistical agency, with minimal delays. However, the trend may be subject to revisions or limitations inherent in labor force survey data.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Estonia (LFEAMNTTEEA647N), retrieved from FRED.