All Employees: Manufacturing in Minnesota
Monthly, Not Seasonally Adjusted
MNMFGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
324.50
Year-over-Year Change
0.12%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' economic trend measures changes in U.S. manufacturing production on a monthly basis without adjusting for seasonal patterns. It provides insight into the health and output of the manufacturing 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 trend represents the total volume of production from U.S. manufacturing industries, published monthly by the Federal Reserve. It is a key indicator of economic activity and is often used by analysts to assess the strength of the manufacturing sector.
Methodology
The data is collected through surveys of manufacturing facilities across the country.
Historical Context
Policymakers and economists closely monitor this trend to understand the state of the U.S. economy.
Key Facts
- U.S. manufacturing accounts for over 11% of GDP.
- Production levels typically peak in the fourth quarter.
- The trend has seen volatility during economic downturns.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' trend measures the total volume of production from U.S. manufacturing industries on a monthly basis without adjusting for seasonal patterns.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and output of the manufacturing sector, which is a key driver of the U.S. economy. It is closely monitored by policymakers, economists, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing facilities across the country.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the state of the U.S. economy and make informed decisions regarding fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (MNMFGN), retrieved from FRED.