All Employees: Manufacturing: Durable Goods in Florida
SMU12000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
298.90
Year-over-Year Change
0.81%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Manufacturing: Durable Goods in Florida' series tracks the total number of employees in the manufacturing sector's durable goods industry in the state of Florida. This metric is a key indicator of economic activity and industrial production.
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 data series measures the total number of workers employed in the production of durable goods, such as machinery, electronics, and transportation equipment, within Florida's manufacturing sector. It provides insights into the health and trends of the state's durable goods industry, which is an important component of the broader economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this trend to assess the performance and outlook of Florida's manufacturing industry and its contribution to the state's overall economic growth.
Key Facts
- Florida's manufacturing sector accounts for over 5% of the state's GDP.
- Durable goods manufacturing is a significant driver of Florida's exports.
- Employment in durable goods manufacturing has grown by 10% in Florida over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the production of durable goods within Florida's manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and performance of Florida's durable goods manufacturing industry, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the outlook of Florida's manufacturing industry and its contribution to the state's overall economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in Florida (SMU12000003100000001), retrieved from FRED.