Average Weekly Hours of All Employees: Manufacturing in Indiana
SMU18000003000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.70
Year-over-Year Change
0.74%
Date Range
1/1/2007 - 6/1/2025
Summary
The 'Average Weekly Hours of All Employees: Manufacturing in Indiana' trend measures the average number of hours worked per week by manufacturing employees in the state of Indiana. This statistic is a key indicator of economic activity and labor market conditions in the manufacturing 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
This data series tracks the average number of hours worked per week by employees in the manufacturing industry across the state of Indiana. The figure provides insight into productivity, labor demand, and business cycle trends within a critical economic sector.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers monitor this metric to gauge the health of Indiana's manufacturing economy and labor market.
Key Facts
- Indiana is a major manufacturing hub, accounting for over 17% of the state's GDP.
- Manufacturing has historically employed around 16-18% of Indiana's workforce.
- Average weekly hours in Indiana manufacturing have ranged from 39-44 hours over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by employees in the manufacturing industry across the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into productivity, labor demand, and business cycle trends within a critical sector of Indiana's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this metric to gauge the health of Indiana's manufacturing economy and labor market.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month publication lag.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Manufacturing in Indiana (SMU18000003000000002), retrieved from FRED.