Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Germany
Growth rate previous period, Annual, Seasonally Adjusted
LFEM74MADEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.51
Year-over-Year Change
-232.23%
Date Range
1/1/2006 - 1/1/2022
Summary
This annual, seasonally adjusted metric measures the growth rate of employment in the manufacturing sector compared to the previous period. It provides a key indicator of labor market trends and economic performance.
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 growth rate previous period, annual, seasonally adjusted series tracks the year-over-year change in manufacturing employment. It offers insights into the strength and direction of the manufacturing labor market, a critical component of the broader U.S. economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers, economists, and market analysts to assess the health of the manufacturing sector and broader economic conditions.
Key Facts
- The manufacturing sector accounts for approximately 12% of U.S. GDP.
- Manufacturing employment has declined over the past decades due to automation and offshoring.
- Fluctuations in this metric are closely tied to changes in overall economic output and consumer demand.
FAQs
Q: What does this economic trend measure?
A: This metric measures the year-over-year percentage change in manufacturing employment, providing insights into the strength of the manufacturing labor market.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing sector is a critical component of the U.S. economy, and changes in manufacturing employment are closely watched by policymakers, economists, and investors as a key indicator of economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the Federal Reserve and other policymakers to assess the health of the manufacturing sector and inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM74MADEA657S), retrieved from FRED.