All Employees: Manufacturing in North Carolina
NCMFGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
460.30
Year-over-Year Change
-1.86%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic indicator tracks the total number of manufacturing employees in the state of North Carolina. It serves as an important measure of the manufacturing sector's health and economic output in the state.
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 All Employees: Manufacturing in North Carolina series provides insights into the size and trends of the manufacturing workforce in the state. It is a key indicator used by economists, policymakers, and businesses to assess the strength of North Carolina's industrial base and broader economic conditions.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in North Carolina manufacturing employment are closely watched by state and federal officials to inform economic policy and investment decisions.
Key Facts
- North Carolina is a major manufacturing hub, accounting for over 10% of the state's GDP.
- Manufacturing employs over 470,000 workers in North Carolina as of the latest data.
- The state's manufacturing workforce has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Manufacturing in North Carolina indicator tracks the total number of workers employed in the manufacturing sector across the state.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing is a critical component of North Carolina's economy, so this metric provides valuable insights into the health and direction of a key industry in the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in North Carolina manufacturing employment are closely watched by state and federal officials to inform economic policy and investment decisions.
Q: Are there update delays or limitations?
A: The manufacturing employment data is released on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing in North Carolina (NCMFGN), retrieved from FRED.