All Employees: Manufacturing: Durable Goods: Primary Metal Manufacturing in Illinois
SMU17000003133100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16.99
Year-over-Year Change
-2.84%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the primary metal manufacturing industry within the durable goods manufacturing sector in Illinois. It provides insights into the strength and dynamics of a key component of the state's manufacturing base.
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: Manufacturing: Durable Goods: Primary Metal Manufacturing in Illinois metric tracks the number of workers employed in the production of primary metal products, such as iron, steel, and aluminum, as part of the broader durable goods manufacturing industry in the state. This indicator offers a gauge of activity and labor demand in a vital industrial sector.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of Illinois' manufacturing economy and guide economic and workforce development strategies.
Key Facts
- Illinois is a major center of primary metal production in the U.S.
- Employment in this sector has seen cyclical fluctuations over the past decade.
- The trend provides a timely indicator of demand conditions for durable goods manufacturers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees working in the primary metal manufacturing industry, which produces basic metal products like iron, steel, and aluminum, as part of the durable goods manufacturing sector in the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the health and performance of a critical component of Illinois' manufacturing base, providing a gauge of labor demand and production activity in the state's industrial economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess the state of Illinois' manufacturing sector and inform economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a relatively short delay, allowing for timely analysis of current conditions in the primary metal manufacturing industry.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Primary Metal Manufacturing in Illinois (SMU17000003133100001SA), retrieved from FRED.