All Employees: Information in Hawaii
Monthly, Seasonally Adjusted
SMU15000005000000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.30
Year-over-Year Change
7.79%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Seasonally Adjusted' series measures the average weekly hours worked in the manufacturing sector in the United States. This metric is a key indicator of labor market conditions and overall economic activity.
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 average number of hours employees work per week in U.S. manufacturing industries. It is an important measure of productivity, capacity utilization, and labor market tightness that economists and policymakers monitor closely.
Methodology
The data is collected through surveys of manufacturing establishments and adjusted for seasonal variations.
Historical Context
Trends in manufacturing hours worked provide insights into the health of the broader economy and help inform monetary and fiscal policy decisions.
Key Facts
- The average work week in U.S. manufacturing was 40.4 hours in January 2023.
- Manufacturing hours declined sharply during the COVID-19 pandemic but have since recovered.
- Trends in manufacturing hours can signal changes in business investment and consumer demand.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Seasonally Adjusted' series tracks the average number of hours worked per week by employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Changes in manufacturing hours worked provide insights into labor market conditions, productivity, and the overall health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments and adjusted for seasonal variations.
Q: How is this trend used in economic policy?
A: Trends in manufacturing hours can inform monetary and fiscal policy decisions by signaling changes in business investment, consumer demand, and labor market tightness.
Q: Are there update delays or limitations?
A: The data is released monthly with a short lag, providing timely information on current manufacturing activity.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU15000005000000001SA), retrieved from FRED.