All Employees: Manufacturing: Durable Goods in Maine
SMS23000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.10
Year-over-Year Change
-1.36%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of manufacturing employees in the durable goods sector in the state of Maine. It provides important insights into the strength and performance of Maine's manufacturing industry.
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: Durable Goods in Maine metric tracks the employment levels in Maine's durable goods manufacturing sector. This data series is a key indicator of the state's industrial production and economic activity.
Methodology
The data is collected through surveys of manufacturing establishments in Maine by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists analyze this trend to assess the health of Maine's manufacturing base and make informed decisions.
Key Facts
- Maine's durable goods manufacturing sector employs over 30,000 workers.
- Durable goods production accounts for nearly 20% of Maine's total economic output.
- Manufacturing employment in Maine has grown by 5% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the durable goods manufacturing sector in the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the strength and performance of Maine's manufacturing industry, which is a critical driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments in Maine conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess the health of Maine's manufacturing base and make informed decisions about economic development and industrial policies.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month lag, and may be subject to revisions as more information becomes available.
Related Trends
Total Carbon Dioxide Emissions From All Sectors, Coal for Maine
EMISSCO2TOTVTTCOMEA
Gross Domestic Product: Educational Services, Health Care, and Social Assistance (61, 62) in Maine
MEEDHLTHSOCASSNGSP
Number of Identified Exporters to Luxembourg from Maine
MELUXA475SCEN
All Employees: Private Service Providing in Maine
SMU23000000800000001A
All Employees: Leisure and Hospitality: Accommodation and Food Services in Maine
SMU23000007072000001
All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Maine
SMU23000004244100001SA
Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in Maine (SMS23000003100000001), retrieved from FRED.