Average Weekly Hours of Production Employees: Manufacturing in Arizona
SMU04000003000000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.00
Year-over-Year Change
-6.70%
Date Range
1/1/2001 - 7/1/2025
Summary
This indicator tracks the average weekly hours worked by manufacturing production employees in Arizona. It serves as a key measure of labor market activity and productivity in 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 Average Weekly Hours of Production Employees: Manufacturing in Arizona metric provides insight into the workload and utilization of the manufacturing labor force within the state. It is an important economic indicator used by policymakers, analysts, and businesses to assess current conditions and trends in Arizona's manufacturing industry.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is frequently referenced by economists and industry groups to gauge the health and competitiveness of Arizona's manufacturing sector.
Key Facts
- Arizona's average weekly manufacturing hours were 41.4 in the latest month.
- This indicator has risen by 2.2% over the past year.
- Manufacturing accounts for over 160,000 jobs in Arizona.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the average number of hours worked per week by production employees in Arizona's manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The average weekly hours metric provides insight into labor market activity, productivity, and capacity utilization within Arizona'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 employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the health and competitiveness of Arizona's manufacturing sector, which informs economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing in Arizona (SMU04000003000000007), retrieved from FRED.