All Employees: Non-Durable Goods: Food Manufacturing in Idaho
SMU16000003231100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.50
Year-over-Year Change
36.94%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of non-durable goods employees in the food manufacturing industry in Idaho. It provides important insights into the state's food production and processing 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
The All Employees: Non-Durable Goods: Food Manufacturing in Idaho data series tracks the total number of workers employed in the food manufacturing industry, a key component of the state's non-durable goods production. This metric is used by economists and policymakers to gauge the health and growth of Idaho's food processing sector.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding Idaho's economic performance and the strength of its food manufacturing industry.
Key Facts
- Idaho is a major agricultural state, producing a variety of food products.
- Food manufacturing is a significant employer in Idaho's non-durable goods sector.
- Employment in this industry can indicate the state's economic conditions and food production capacity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the food manufacturing industry, a key component of Idaho's non-durable goods production.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides important insights into the health and growth of Idaho's food processing sector, which is a crucial part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this employment data to gauge the performance and development of Idaho's food manufacturing industry, which informs economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical delay of one to two months between the reference period and the release of the data.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Food Manufacturing in Idaho (SMU16000003231100001A), retrieved from FRED.