All Employees: Leisure and Hospitality in South Dakota
Monthly, Seasonally Adjusted
SDLEIH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.10
Year-over-Year Change
4.20%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Monthly, Seasonally Adjusted' series measures the U.S. index of hours worked in the durable goods manufacturing sector. This key indicator provides insights into broader employment and production trends.
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 'Monthly, Seasonally Adjusted' index tracks changes in the total number of hours worked per month by employees in the durable goods manufacturing industry. This data is widely used by economists and policymakers to assess the health and direction of the U.S. manufacturing sector.
Methodology
The data is collected through monthly surveys of U.S. manufacturers and adjusted for seasonal variations.
Historical Context
The index serves as an important leading indicator for the U.S. economy, helping inform decisions around monetary and fiscal policies.
Key Facts
- The index has a base year of 2012.
- Durable goods account for roughly half of total U.S. manufacturing output.
- Trends in the index often precede changes in broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' series measures the total number of hours worked per month by employees in the U.S. durable goods manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This index provides valuable insights into the health and direction of the U.S. manufacturing sector, making it a closely watched indicator by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. manufacturers and then adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: The index serves as an important leading indicator, helping inform decisions around monetary and fiscal policies aimed at supporting the manufacturing sector and the broader U.S. economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve with minimal delays, providing timely insights into the manufacturing sector.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SDLEIH), retrieved from FRED.