Infra-Annual Labor Statistics: Working-Age Population Male: 15 Years or over for Hungary
Annual, Seasonally Adjusted
LFWATTMAHUA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,823,450.00
Year-over-Year Change
-1.97%
Date Range
1/1/1999 - 1/1/2024
Summary
This series measures the annual, seasonally adjusted employment level in the U.S. manufacturing sector. It is a key indicator of economic activity and productivity.
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 Annual, Seasonally Adjusted manufacturing employment level tracks the total number of people employed in the U.S. manufacturing industry over a 12-month period, with seasonal variations removed. It is an important barometer of the health and competitiveness of the domestic manufacturing sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to assess the strength of the manufacturing industry and broader economic conditions.
Key Facts
- U.S. manufacturing employed over 12.8 million workers in 2022.
- Manufacturing output has grown by over 25% since the Great Recession.
- The sector accounts for nearly 12% of total U.S. economic output.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of people employed in the U.S. manufacturing industry over a 12-month period, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment level is a key indicator of economic activity and productivity, providing insights into the health and competitiveness of the domestic manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the strength of the manufacturing industry and broader economic conditions, informing policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LFWATTMAHUA647S), retrieved from FRED.