All Employees: Goods Producing in Missouri
SMS29000000600000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
438.20
Year-over-Year Change
0.44%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Goods Producing in Missouri' series measures the total number of employees in the goods-producing sector in the state of Missouri. This statistic is a key indicator of economic activity and labor market conditions in the manufacturing and construction industries.
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 goods-producing sector includes industries such as manufacturing, mining, and construction. This employment series provides insights into the health and trends of these core components of the Missouri economy. Analysts and policymakers use this data to assess production capacity, business investment, and regional economic performance.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in goods-producing employment are closely watched by the Federal Reserve and other economic institutions to help inform monetary and fiscal policy decisions.
Key Facts
- Missouri's goods-producing sector accounts for over 15% of total state employment.
- Goods-producing employment in Missouri has declined by 10% since the 2008 recession.
- Manufacturing is the largest component of the goods-producing sector in Missouri.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of employees in the goods-producing sector, including manufacturing, mining, and construction, in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: Trends in goods-producing employment provide important insights into the health of core industries and the overall regional economy in Missouri. This data is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Goods-producing employment is a key indicator watched by the Federal Reserve and other institutions to help inform monetary and fiscal policy decisions that impact regional economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There are no significant known limitations in the data collection or reporting.
Related Trends
Total Unemployed, Plus All Marginally Attached Workers, Plus Total Employed Part Time for Economic Reasons, as a Percent of the Civilian Labor Force Plus All Marginally Attached Workers for Missouri
U6UNEM6MO
Gross Domestic Product: Finance and Insurance (52) in Missouri
MOFININSNQGSP
State Government Tax Collections, Amusements - Selective Sales Taxes in Missouri
MOAMUSTAX
Production or Nonsupervisory Employees: Retail Trade in Missouri
SMU29000004200000006SA
Real Gross Domestic Product: Chemical Manufacturing (325) in Missouri
MOCHEMMANRGSP
Real Gross Domestic Product: Finance and Insurance (52) in Missouri
MOFININSRQGSP
Citation
U.S. Federal Reserve, All Employees: Goods Producing in Missouri (SMS29000000600000001), retrieved from FRED.