All Employees: Mining, Logging, and Construction in Arkansas
Annual, Not Seasonally Adjusted
SMU05000001500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.20
Year-over-Year Change
24.27%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the U.S. manufacturing sector. Understanding employment trends is crucial for policymakers and analysts assessing the health and outlook of the economy.
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 Annual, Not Seasonally Adjusted employment series provides a comprehensive picture of long-term employment patterns in U.S. manufacturing. Unlike seasonally adjusted data, this metric captures the full annual cycle of hiring and layoffs, which is important for interpreting economic conditions.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Manufacturers, policymakers, and economists closely monitor this employment trend to gauge production capacity, consumer demand, and the broader economic climate.
Key Facts
- U.S. manufacturing employs over 12 million workers.
- Manufacturing accounts for nearly 12% of U.S. GDP.
- Employment in this sector has declined since the 1970s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment level in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Understanding manufacturing employment is crucial for assessing the health and outlook of the broader 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: Manufacturers, policymakers, and economists closely monitor this employment trend to gauge production capacity, consumer demand, and the broader economic climate.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU05000001500000001A), retrieved from FRED.