All Employees: Trade, Transportation, and Utilities in Idaho
Annual, Not Seasonally Adjusted
SMU16000004000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.80
Year-over-Year Change
32.31%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures the annual, not seasonally adjusted employment in the U.S. manufacturing sector. It provides insights into long-term employment trends in a key component of the economy.
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 Annual, Not Seasonally Adjusted manufacturing employment series tracks the total number of people employed in the U.S. manufacturing industry over a 12-month period. This metric is used by economists and policymakers to understand the health and dynamics of the manufacturing labor market.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Historical Context
The manufacturing employment trend is closely watched as a key indicator of economic activity and industrial output.
Key Facts
- Manufacturing employs over 12 million workers in the U.S.
- Manufacturing output accounts for over 11% of U.S. GDP.
- The manufacturing sector has seen steady employment growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of people employed in the U.S. manufacturing industry over a 12-month period, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment trend is a key indicator of the health and dynamics of the U.S. industrial sector, which is an important component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor manufacturing employment as it provides insights into industrial output, economic growth, and the overall labor market.
Q: Are there update delays or limitations?
A: The manufacturing employment data is released monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU16000004000000001A), retrieved from FRED.