All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Arizona
SMU04000003133200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.84
Year-over-Year Change
-0.95%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the durable goods manufacturing sector of the fabricated metal product industry in the state of Arizona. It is an important indicator of the health and production capacity of this key manufacturing segment.
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: Fabricated Metal Product Manufacturing in Arizona data series tracks the monthly employment levels in this specific manufacturing subsector. This metric is widely used by economists, policymakers, and industry analysts to gauge the strength of Arizona's metal products manufacturing activity.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored for its implications on Arizona's industrial output, capital investment, and economic growth.
Key Facts
- Arizona is a major hub for fabricated metal product manufacturing.
- Durable goods production accounts for a significant portion of the state's industrial base.
- Employment levels in this sector reflect broader trends in the U.S. manufacturing economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the fabricated metal product manufacturing industry, which is part of the durable goods manufacturing sector, within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into the health and production capacity of a key manufacturing segment in Arizona, which has implications for the state's overall economic performance and industrial output.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment trend to assess the state of Arizona's manufacturing sector and its broader economic implications, informing decisions on issues such as investment, trade, and workforce development.
Q: Are there update delays or limitations?
A: The data is subject to the typical lags and revisions associated with monthly employment surveys, but generally provides timely and reliable insights into this manufacturing subsector in Arizona.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Arizona (SMU04000003133200001SA), retrieved from FRED.