All Employees: Manufacturing: Non-Durable Goods in Wisconsin
SMS55000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
196.10
Year-over-Year Change
0.51%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of non-durable goods manufacturing employees in Wisconsin. It is a key indicator of the health and productivity of the state's manufacturing sector.
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 Wisconsin metric tracks the total employment in non-durable goods production, such as food, textiles, and paper products. This data is used by economists and policymakers to assess the strength of Wisconsin's manufacturing industry and identify potential areas for growth or intervention.
Methodology
The data is collected through surveys of manufacturing establishments in Wisconsin by the U.S. Bureau of Labor Statistics.
Historical Context
This trend provides important context for evaluating the state's economic competitiveness and the effectiveness of industry-focused policies.
Key Facts
- Wisconsin is a major manufacturing hub, contributing over $60 billion to the state's GDP.
- Non-durable goods account for approximately 40% of Wisconsin's total manufacturing output.
- Manufacturing employment in Wisconsin has declined by 10% since 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the non-durable goods manufacturing sector in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding the health and competitiveness of Wisconsin's manufacturing industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments in Wisconsin by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the effectiveness of industry-focused policies and identify opportunities for supporting Wisconsin's manufacturing sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Wisconsin (SMS55000003200000001), retrieved from FRED.