Production or Nonsupervisory Employees: Manufacturing: Non-Durable Goods in Arkansas
Monthly, Seasonally Adjusted
SMU05000003200000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.30
Year-over-Year Change
1.80%
Date Range
1/1/2001 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted series measures the total non-farm employment in the state of New Mexico. This economic indicator is a key metric for understanding labor market trends and overall economic performance.
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 series tracks the total number of non-agricultural jobs in New Mexico on a monthly basis, adjusted for seasonal variations. It is a widely used barometer of the state's economic health and employment conditions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this employment trend to inform economic and workforce development decisions.
Key Facts
- New Mexico's non-farm employment reached a record high in 2022.
- The state's job market has recovered all losses from the COVID-19 pandemic.
- The services sector accounts for the largest share of non-farm jobs in New Mexico.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of non-agricultural jobs in the state of New Mexico on a monthly basis, with seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The non-farm employment level is a key indicator of New Mexico's overall economic performance and labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this employment trend to inform economic and workforce development decisions in New Mexico.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical release lag of 3-4 weeks.
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Citation
U.S. Bureau of Labor Statistics, Monthly, Seasonally Adjusted (SMU05000003200000006SA), retrieved from FRED.