Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Luxembourg
LFEAMNTTLUQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,700.00
Year-over-Year Change
-11.82%
Date Range
4/1/1998 - 1/1/2025
Summary
This trend measures total employment in the manufacturing sector of Luxembourg's economy, providing insight into the country's industrial activity and labor market dynamics.
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 Luxembourg series tracks the total number of people employed in the manufacturing industry within Luxembourg. This metric is a key indicator of the country's industrial production and labor market conditions.
Methodology
The data is collected through surveys of businesses and households in Luxembourg.
Historical Context
This trend is closely monitored by policymakers and analysts to assess the health of Luxembourg's manufacturing sector and overall economic performance.
Key Facts
- Luxembourg's manufacturing sector accounts for over 10% of its GDP.
- Employment in Luxembourg's manufacturing industry has remained relatively stable in recent years.
- The COVID-19 pandemic temporarily disrupted manufacturing employment in Luxembourg.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the manufacturing sector of Luxembourg's economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and performance of Luxembourg's industrial production and labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households in Luxembourg.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this trend to assess the overall economic performance of Luxembourg.
Q: Are there update delays or limitations?
A: There may be some delays in the release of this data, and the series may not capture all aspects of the manufacturing industry.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Luxembourg (LFEAMNTTLUQ647N), retrieved from FRED.