Average Weekly Hours of All Employees: Manufacturing in Idaho
SMU16000003000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.00
Year-over-Year Change
6.56%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Hours of All Employees: Manufacturing in Idaho trend measures the average number of hours worked per week by manufacturing employees in the state of Idaho. This metric provides insight into the production output and labor market dynamics of Idaho's manufacturing sector.
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 economic indicator tracks the average weekly hours worked by all employees in the manufacturing industry within the state of Idaho. It is an important statistic used by economists and policymakers to assess the health and productivity of the state's manufacturing base.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in average weekly manufacturing hours can inform decisions around labor, production, and economic policies.
Key Facts
- Idaho's manufacturing sector accounts for over 10% of the state's GDP.
- The average weekly manufacturing hours in Idaho have remained relatively stable over the past decade.
- Manufacturing is one of the largest private-sector employers in Idaho, providing jobs for over 70,000 workers.
FAQs
Q: What does this economic trend measure?
A: The Average Weekly Hours of All Employees: Manufacturing in Idaho trend measures the average number of hours worked per week by manufacturing employees in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the production output and labor market dynamics of Idaho's manufacturing sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in average weekly manufacturing hours can inform decisions around labor, production, and economic policies in Idaho.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of approximately 4-6 weeks.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Manufacturing in Idaho (SMU16000003000000002), retrieved from FRED.