All Employees: Goods Producing in Nebraska
SMS31000000600000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
166.60
Year-over-Year Change
-0.36%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Goods Producing in Nebraska' trend measures the number of employees in the goods-producing sector of Nebraska's economy. This metric is important for economists and policymakers to gauge the overall health and activity of the state's manufacturing, construction, and other production-focused 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 encompasses industries like manufacturing, mining, and construction that create physical products. Tracking employment in this part of Nebraska's economy provides insight into the state's industrial base and production capacity.
Methodology
This data is collected through the Current Employment Statistics (CES) survey by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess Nebraska's economic performance and competitiveness.
Key Facts
- Nebraska has over 1 million non-farm employees.
- Goods-producing industries account for 17% of Nebraska's total employment.
- Manufacturing is the largest component of Nebraska's goods-producing sector.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Goods Producing in Nebraska' trend measures the number of people employed in the goods-producing industries of Nebraska's economy, including manufacturing, mining, and construction.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the strength and activity of Nebraska's industrial base, which is important for assessing the state's overall economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the health of Nebraska's goods-producing industries and inform decisions related to economic development, workforce training, and other policy initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, and may be subject to minor revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Goods Producing in Nebraska (SMS31000000600000001), retrieved from FRED.