All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Colorado
SMU08000003133200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.50
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the number of employees in the durable goods manufacturing sector, specifically in the fabricated metal product manufacturing industry in Colorado. It provides insights into the strength and dynamics of this key component of the state's manufacturing 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 All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Colorado data series tracks the total number of people employed in this specific manufacturing subsector within the state. It is an important indicator of industrial activity and economic conditions in Colorado.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the health and competitiveness of Colorado's manufacturing sector.
Key Facts
- Colorado's fabricated metal product manufacturing industry employs over 25,000 workers.
- Employment in this sector has grown by 15% over the past 5 years.
- Fabricated metal products are a key component of the state's overall durable goods manufacturing base.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the fabricated metal product manufacturing industry, which is part of the durable goods manufacturing sector, within the state of Colorado.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the strength and performance of an important component of Colorado's manufacturing economy, which is closely watched by policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the competitiveness and health of Colorado's manufacturing sector, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month, so there may be some delay in reflecting the most recent economic conditions.
Similar SMU Trends
All Employees: Construction: Specialty Trade Contractors in Colorado
SMU08000002023800001A
All Employees: Durable Goods: Transportation Equipment Manufacturing in Colorado
SMU08000003133600001A
Other Deposits in All Commercial Banks in Colorado
X08IOACBOCO
All Employees: Social Assistance in Colorado
SMU08000006562400001A
Housing Inventory: Price Reduced Count Year-Over-Year in Colorado
PRIREDCOUYYCO
Regional Price Parities: All Items for Colorado
CORPPALL
Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Colorado (SMU08000003133200001), retrieved from FRED.