All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Idaho
SMU16000003133400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.40
Year-over-Year Change
-12.61%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of all employees in the computer and electronic product manufacturing industry in Idaho. It provides insights into the state's durable goods manufacturing sector and broader economic conditions.
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: Durable Goods: Computer and Electronic Product Manufacturing in Idaho series tracks the total employment in this key manufacturing subsector, which produces a wide range of high-tech products. This metric is used by economists and policymakers to assess the strength of Idaho's advanced manufacturing base and its overall economic performance.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in computer and electronic product manufacturing employment are closely watched as indicators of Idaho's competitiveness in technology-driven industries.
Key Facts
- Idaho is a major hub for computer and electronic product manufacturing.
- This industry accounts for a significant share of the state's total employment.
- Employment trends in this sector reflect the broader health of Idaho's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the computer and electronic product manufacturing industry in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength and competitiveness of Idaho's advanced manufacturing sector, which is a key driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in computer and electronic product manufacturing employment in Idaho are closely monitored by policymakers and economists as indicators of the state's economic competitiveness and growth potential.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a slight lag, typically within a few weeks of the end of each month.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Idaho (SMU16000003133400001A), retrieved from FRED.