All Employees: Non-Durable Goods: Fruit and Vegetable Preserving and Specialty Food Manufacturing in Idaho
SMU16000003231140001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.80
Year-over-Year Change
4.00%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the fruit and vegetable preserving and specialty food manufacturing industry in Idaho. It provides insights into the production and labor dynamics of this key part of the state's food 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: Fruit and Vegetable Preserving and Specialty Food Manufacturing in Idaho data series tracks the number of people employed in these manufacturing activities within the state. This metric offers a window into the health and growth of a vital component of Idaho's diverse food economy.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring trends in this industry can inform economic policymaking and business decisions related to food production and processing in Idaho.
Key Facts
- Idaho is a leading producer of potatoes, onions, and other specialty crops.
- The state's food processing sector employs over 15,000 workers.
- Fruit and vegetable preserving is a $1 billion industry in Idaho.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment in the fruit and vegetable preserving and specialty food manufacturing industry within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: Tracking employment in this key manufacturing sector provides insight into the health and growth of Idaho's diverse food economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Monitoring trends in this industry can inform economic policymaking and business decisions related to food production and processing in Idaho.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Fruit and Vegetable Preserving and Specialty Food Manufacturing in Idaho (SMU16000003231140001A), retrieved from FRED.