All Employees: Other Services: Repair and Maintenance in Illinois
Seasonally Adjusted
SMU17000008081100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.47
Year-over-Year Change
2.78%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures the employment level in the manufacturing sector of the U.S. economy. This metric is crucial for economists and policymakers to analyze labor market trends and the overall health of the manufacturing industry.
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 Seasonally Adjusted series provides a measure of the number of people employed in the manufacturing sector of the United States. This data is used to track changes in employment levels and identify seasonal patterns that may affect the broader economy.
Methodology
The data is collected through a monthly survey of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary and fiscal policies.
Key Facts
- The manufacturing sector accounts for approximately 11% of U.S. GDP.
- Seasonal adjustments help account for predictable fluctuations in employment.
- Manufacturing employment levels are a leading indicator of economic activity.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the employment level in the manufacturing sector of the U.S. economy, after accounting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric is crucial for economists and policymakers to analyze labor market trends and the overall health of the manufacturing industry, which is a significant contributor to the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the Federal Reserve and other policymakers to inform decisions on monetary and fiscal policies that can impact the manufacturing sector and the broader economy.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted series is published monthly, with a typical release delay of around one month.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU17000008081100001SA), retrieved from FRED.