Average Weekly Hours of All Employees: Manufacturing in Arkansas
SMU05000003000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.70
Year-over-Year Change
1.96%
Date Range
1/1/2007 - 6/1/2025
Summary
The 'Average Weekly Hours of All Employees: Manufacturing in Arkansas' trend measures the average number of hours worked per week by manufacturing employees in the state of Arkansas. This data point is a key indicator of production capacity and labor market conditions.
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
This manufacturing hours trend provides insight into the utilization of Arkansas' industrial workforce. It is commonly used by economists, policymakers, and businesses to assess the strength of the state's manufacturing sector and broader economic activity.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Manufacturing hours data is closely monitored for its implications on business investment, consumer spending, and government policy decisions.
Key Facts
- Arkansas has a large manufacturing sector, accounting for over 12% of the state's GDP.
- Manufacturing employs over 160,000 workers in Arkansas, or around 11% of total state employment.
- The average manufacturing workweek in Arkansas has ranged from 40 to 45 hours over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Average Weekly Hours of All Employees: Manufacturing in Arkansas' trend measures the average number of hours worked per week by manufacturing employees in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This manufacturing hours trend provides insight into the utilization of Arkansas' industrial workforce and is commonly used to assess the strength of the state's manufacturing sector and broader economic activity.
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: Manufacturing hours data is closely monitored for its implications on business investment, consumer spending, and government policy decisions.
Q: Are there update delays or limitations?
A: The manufacturing hours data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Manufacturing in Arkansas (SMU05000003000000002), retrieved from FRED.