All Employees: Manufacturing: Durable Goods: Aerospace Product and Parts Manufacturing in Arizona
SMU04000003133640001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.40
Year-over-Year Change
-2.99%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the number of all employees in the aerospace product and parts manufacturing industry in Arizona. It provides insight into the state's manufacturing and aerospace sectors.
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: Aerospace Product and Parts Manufacturing in Arizona series measures the total number of workers employed in this critical Arizona industry. It is an important indicator of economic activity and manufacturing strength in the state.
Methodology
The data is collected through surveys of businesses and establishments.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of Arizona's manufacturing and aerospace sectors.
Key Facts
- Arizona is a major hub for aerospace manufacturing.
- This industry accounts for a significant portion of the state's economic output.
- Employment levels in this sector reflect broader trends in the state's manufacturing base.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the aerospace product and parts manufacturing industry in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the strength and performance of Arizona's manufacturing and aerospace sectors, which are critical to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments conducted by government statistical agencies.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess the health of Arizona's manufacturing and aerospace industries, which informs economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: This data is typically published with a short lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Aerospace Product and Parts Manufacturing in Arizona (SMU04000003133640001), retrieved from FRED.