Average Weekly Hours of Production Employees: Manufacturing: Durable Goods in Connecticut
SMU09000003100000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.10
Year-over-Year Change
3.99%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked by production employees in the durable goods manufacturing sector in Connecticut. It provides important insights into labor market conditions and production activity in the state.
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 Average Weekly Hours of Production Employees: Manufacturing: Durable Goods in Connecticut trend tracks the average number of hours worked per week by production workers in the durable goods manufacturing industry across the state. This metric is a key indicator of the intensity of production and labor utilization in this critical economic sector.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, policymakers, and businesses to gauge the strength of Connecticut's manufacturing economy and inform decision-making.
Key Facts
- Connecticut is a major hub for durable goods manufacturing.
- Durable goods include products like machinery, electronics, and transportation equipment.
- Changes in average weekly hours can signal shifts in production and hiring.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by production employees in the durable goods manufacturing sector in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the intensity of production and labor utilization in Connecticut's critical manufacturing industry, which is closely watched by economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Changes in average weekly hours in Connecticut's durable goods manufacturing sector are monitored by policymakers and market analysts to gauge the strength of the state's manufacturing economy and inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical release lag of about one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing: Durable Goods in Connecticut (SMU09000003100000007), retrieved from FRED.