All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Massachusetts
SMU25000003133200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
28.70
Year-over-Year Change
-1.37%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of manufacturing employees in the durable goods sector, specifically in fabricated metal product manufacturing in Massachusetts. It provides insight into the health and output of this key industrial sector in the state.
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: Fabricated Metal Product Manufacturing in Massachusetts series tracks the total number of workers employed in this important manufacturing industry within the state. This data is used by economists and policymakers to analyze trends in industrial production, regional economic conditions, and the overall strength of the Massachusetts economy.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This manufacturing employment trend is closely monitored by government agencies, businesses, and investors to assess the state's economic performance and competitiveness.
Key Facts
- Massachusetts is a major hub for fabricated metal product manufacturing.
- This industry employs over 45,000 workers in the state.
- Fabricated metal manufacturing accounts for 10% of Massachusetts' total manufacturing jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the fabricated metal product manufacturing industry within the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and output of a key manufacturing sector in the Massachusetts economy, which is closely watched by economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This manufacturing employment trend is monitored by government agencies, businesses, and investors to assess the state's economic performance and competitiveness.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Massachusetts (SMU25000003133200001SA), retrieved from FRED.