Infra-Annual Labor Statistics: Employment Male: From 15 to 74 Years for Sweden
Growth rate previous period, Annual, Seasonally Adjusted
LFEM74MASEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.78
Year-over-Year Change
87.83%
Date Range
1/1/2002 - 1/1/2022
Summary
This economic indicator measures the annual growth rate of employment in the manufacturing sector, adjusted for seasonal variations. It provides insights into the health and trajectory of the U.S. manufacturing industry.
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 total employment within the U.S. manufacturing sector. This metric is closely watched by economists and policymakers as a barometer of industrial activity and economic conditions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey of establishments.
Historical Context
Trends in manufacturing employment growth are used to inform economic policy decisions and analyze the broader state of the U.S. economy.
Key Facts
- The annual growth rate of U.S. manufacturing employment peaked at 5.6% in 2021.
- Manufacturing accounts for about 11% of total U.S. employment.
- Seasonal adjustments help smooth out predictable hiring patterns in the manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the year-over-year change in total employment within the U.S. manufacturing sector, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Trends in manufacturing employment growth are a key indicator of industrial activity and economic conditions, providing valuable insights for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics (CES) survey of establishments.
Q: How is this trend used in economic policy?
A: Fluctuations in manufacturing employment growth are closely monitored by economists and policymakers to inform decisions and analyze the broader state of the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM74MASEA657S), retrieved from FRED.