All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Indiana
SMU18000003133500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.83
Year-over-Year Change
-3.71%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the durable goods manufacturing sector, specifically the electrical equipment, appliance, and component manufacturing industry in Indiana. It is a key indicator of economic activity and labor market conditions in the state's 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 All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Indiana data series tracks the total number of employees, both production and non-production workers, in this specific manufacturing subsector within the state. It provides insights into the strength and performance of this important component of Indiana's economy.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and industry analysts to assess the health and competitiveness of Indiana's manufacturing sector.
Key Facts
- Indiana is a major manufacturing hub, accounting for over 17% of the state's GDP.
- The electrical equipment, appliance, and component manufacturing industry employs over 30,000 workers in Indiana.
- This sector has seen steady employment growth in the state over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees, both production and non-production workers, in the electrical equipment, appliance, and component manufacturing industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into the performance and competitiveness of a key manufacturing subsector in Indiana, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, economists, and industry analysts to assess the health and competitiveness of Indiana's manufacturing sector, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Indiana (SMU18000003133500001SA), retrieved from FRED.