All Employees: Manufacturing in Arkansas
Annual, Not Seasonally Adjusted
SMU05000003000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.30
Year-over-Year Change
4.44%
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. It provides insight into the long-term employment dynamics of this key industry.
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 tracks the total number of people employed in the U.S. manufacturing sector on an annual basis, without adjusting for seasonal variations. This allows for analysis of the underlying, year-over-year employment trends in the manufacturing industry.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists and policymakers to assess the health and competitiveness of the U.S. manufacturing sector.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing accounts for over 11% of U.S. GDP.
- Employment in U.S. manufacturing has declined since the 1970s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment level in the U.S. manufacturing sector, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the long-term employment dynamics of the key U.S. manufacturing industry, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess the health and competitiveness of the U.S. manufacturing sector, which is a major driver of economic growth and employment.
Q: Are there update delays or limitations?
A: There may be some delays in the publication of this data, as it is collected through surveys of employers.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU05000003000000001A), retrieved from FRED.