Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Arkansas
SMU05000003100000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.20
Year-over-Year Change
0.33%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the number of production or nonsupervisory employees in the manufacturing of durable goods industry in Arkansas. It provides insight into the state's manufacturing labor market and can inform economic and policy decisions.
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 production or nonsupervisory employees: manufacturing: durable goods in Arkansas trend represents the employment level in a key sector of the state's economy. It is used by economists, policymakers, and businesses to analyze labor market conditions and monitor changes in manufacturing activity.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is relevant for understanding the health of Arkansas's manufacturing industry and can inform economic and workforce development policies.
Key Facts
- Arkansas's manufacturing sector accounts for over 12% of the state's GDP.
- Durable goods manufacturing employs more than 100,000 workers in Arkansas.
- The state's manufacturing employment has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of production or nonsupervisory employees in the manufacturing of durable goods industry in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and labor market conditions of Arkansas's important manufacturing sector, which is crucial for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric can inform economic and workforce development policies in Arkansas by providing insights into the manufacturing labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Arkansas (SMU05000003100000006), retrieved from FRED.