All Employees: Manufacturing: Non-Durable Goods in Maryland
SMU24000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52.70
Year-over-Year Change
-0.57%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of non-durable goods manufacturing employees in the state of Maryland. It provides insights into the health and dynamics of the state's 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: Non-Durable Goods in Maryland series tracks the number of workers employed in the non-durable goods manufacturing industry within the state. It is a key indicator of manufacturing activity and economic conditions in Maryland.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and businesses to assess the strength of Maryland's manufacturing industry and inform economic decision-making.
Key Facts
- Maryland's non-durable goods manufacturing sector employs over 80,000 workers.
- The industry accounts for approximately 20% of the state's total manufacturing employment.
- Employment in this sector has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees working in the non-durable goods manufacturing industry within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and dynamics of Maryland's manufacturing sector, which is a significant driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses closely monitor this trend to assess the strength of Maryland's manufacturing industry and inform economic decision-making.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag and may be subject to revisions.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Maryland (SMU24000003200000001), retrieved from FRED.