All Employees: Manufacturing: Durable Goods: Medical Equipment and Supplies Manufacturing in Indiana
SMU18000003133910001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.51
Year-over-Year Change
-3.86%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend tracks the total number of employees in the medical equipment and supplies manufacturing industry in Indiana. It serves as an important economic indicator for this key 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
The All Employees: Manufacturing: Durable Goods: Medical Equipment and Supplies Manufacturing in Indiana metric measures the total employment in this specific manufacturing industry within the state of Indiana. This data provides insights into the economic health and labor dynamics of this critical industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, industry analysts, and economic forecasters to assess the performance of Indiana's medical equipment manufacturing sector.
Key Facts
- Indiana is a major hub for medical equipment manufacturing.
- This industry employs over 20,000 workers in the state.
- Employment in this sector has grown by 5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the medical equipment and supplies manufacturing industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides valuable insights into the performance and labor dynamics of a key manufacturing industry in Indiana, which is critical for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and economic forecasters closely monitor this employment trend to assess the health and outlook of Indiana's medical equipment manufacturing sector.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Medical Equipment and Supplies Manufacturing in Indiana (SMU18000003133910001SA), retrieved from FRED.