All Employees: Manufacturing: Non-Durable Goods in Connecticut
SMS09000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.00
Year-over-Year Change
-2.37%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of non-durable goods manufacturing employees in the state of Connecticut. It provides insight into the health and output of Connecticut's manufacturing sector, which is a key driver of the state's economy.
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: Non-Durable Goods in Connecticut trend tracks the total number of employees working in non-durable goods manufacturing industries within the state. This data is used by economists and policymakers to analyze the performance and outlook of Connecticut's manufacturing industry.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely referenced by government agencies, industry groups, and economic analysts to assess the strength of Connecticut's manufacturing base and its overall economic conditions.
Key Facts
- Connecticut's manufacturing sector accounts for over 10% of the state's GDP.
- Non-durable goods manufacturing includes industries like food, textiles, and chemicals.
- Employment in this sector has declined by 25% in Connecticut over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in non-durable goods manufacturing industries located within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the performance and outlook of Connecticut's manufacturing sector, which is a crucial component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Government agencies, industry groups, and economic analysts use this trend to assess the strength of Connecticut's manufacturing base and inform policy decisions related to economic development, workforce training, and competitiveness.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there can be a lag of several weeks between the reference period and the publication of the latest figures.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Connecticut (SMS09000003200000001), retrieved from FRED.