All Employees: Durable Goods: Semiconductor and Other Electronic Component Manufacturing in Idaho
SMU16000003133440001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.60
Year-over-Year Change
-9.52%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the semiconductor and other electronic component manufacturing industry in Idaho. It provides valuable insights into the state's technology and manufacturing sectors.
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: Semiconductor and Other Electronic Component Manufacturing in Idaho metric tracks the employment levels in this key industry within the state. It is an important indicator of economic activity and industrial production.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and investors to assess the health and growth of Idaho's technology and manufacturing industries.
Key Facts
- Idaho is a major hub for semiconductor and electronics manufacturing.
- Employment in this industry has grown steadily in the state over the past decade.
- The sector is a significant contributor to Idaho's economy and workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the semiconductor and other electronic component manufacturing industry located in the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and growth of Idaho's important technology and manufacturing sectors, which are closely monitored by policymakers, industry analysts, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this trend to assess the strength of Idaho's technology and manufacturing industries, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Semiconductor and Other Electronic Component Manufacturing in Idaho (SMU16000003133440001A), retrieved from FRED.