All Employees: Manufacturing: Durable Goods: Furniture and Related Product Manufacturing in Alabama
SMU01000003133700001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.77
Year-over-Year Change
1.05%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the furniture and related product manufacturing industry in Alabama. It provides insight into the state's durable goods manufacturing sector and can inform policymakers and analysts about economic conditions.
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: Furniture and Related Product Manufacturing in Alabama series tracks the total number of individuals employed in this specific manufacturing industry within the state. It is a key indicator of activity and productivity in Alabama's durable goods manufacturing sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and industry analysts to monitor the health and performance of Alabama's furniture manufacturing industry and its broader economic implications.
Key Facts
- Alabama is a major hub for furniture manufacturing in the U.S.
- The furniture industry employs over 15,000 workers in the state.
- Furniture production accounts for a significant portion of Alabama's durable goods manufacturing output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in the furniture and related product manufacturing industry within the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and performance of Alabama's durable goods manufacturing sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this trend to monitor the furniture manufacturing industry in Alabama and inform economic policies and decision-making.
Q: Are there update delays or limitations?
A: The data is subject to typical publication delays from the U.S. Bureau of Labor Statistics, with a lag of several weeks to a few months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Furniture and Related Product Manufacturing in Alabama (SMU01000003133700001SA), retrieved from FRED.