All Employees: Financial Activities: Insurance Carriers and Related Activities in Illinois
Monthly, Seasonally Adjusted
SMU17000005552400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
141.27
Year-over-Year Change
-0.27%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted series measures manufacturing employment in the U.S. It is a key indicator of the health and performance of the manufacturing sector, which is crucial for economic growth and productivity.
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
This series tracks the number of individuals employed in the manufacturing industry in the United States on a monthly basis, with seasonal adjustments to account for typical fluctuations throughout the year. It is widely used by economists, policymakers, and market analysts to gauge the strength and trends within the U.S. manufacturing economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in manufacturing employment are closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Key Facts
- Manufacturing accounts for approximately 11% of U.S. GDP.
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing productivity has increased by over 2% annually since 2010.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of individuals employed in the manufacturing industry in the United States on a monthly basis, with seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key indicator of the health and performance of the U.S. manufacturing sector, which is a critical driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in manufacturing employment are closely monitored by the Federal Reserve and other government agencies to inform economic and policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of approximately one month.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU17000005552400001SA), retrieved from FRED.