Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Slovak Republic
LFEAMNTTSKQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
577,800.00
Year-over-Year Change
-9.86%
Date Range
1/1/1998 - 1/1/2025
Summary
The Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Slovak Republic measures the employment levels in the manufacturing sector of the Slovak Republic on a quarterly basis. This metric is crucial for economists and policymakers to assess the health and productivity of the country's industrial 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
This economic trend represents the total employment figures in the manufacturing industry of Slovakia. It is a key indicator used by analysts and decision-makers to gauge the strength of the nation's industrial output and economic growth.
Methodology
The data is collected through surveys of businesses and households by the Slovak Statistical Office.
Historical Context
This trend is closely monitored by the European Union and the Slovak government for policy decisions related to industrial development and employment.
Key Facts
- Slovakia's manufacturing sector employs over 500,000 workers.
- Manufacturing accounts for nearly a quarter of Slovakia's GDP.
- Employment in the sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment levels in the manufacturing industry of the Slovak Republic on a quarterly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to assess the health and productivity of Slovakia's industrial sector, which is a key driver of the country's economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the Slovak Statistical Office.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the European Union and the Slovak government for policy decisions related to industrial development and employment.
Q: Are there update delays or limitations?
A: The data is reported on a quarterly basis, with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Slovak Republic (LFEAMNTTSKQ647S), retrieved from FRED.