Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods in Massachusetts
SMU25000003200000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.30
Year-over-Year Change
-1.75%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the average weekly hours worked by production employees in the manufacturing non-durable goods industry in Massachusetts. It provides insights into labor productivity and economic conditions in 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 Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods in Massachusetts series tracks the average number of hours worked per week by production employees in the non-durable manufacturing industry within the state. This metric is a key indicator of labor market conditions and can help analysts assess trends in productivity, output, and the overall health of the state's manufacturing economy.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this trend to gauge the strength of Massachusetts' manufacturing industry and make informed decisions about economic policies.
Key Facts
- Massachusetts' non-durable manufacturing industry accounts for over 15% of the state's total manufacturing employment.
- The average weekly hours for production employees in this sector have remained relatively stable over the past decade.
- Trends in this metric can signal changes in demand, productivity, and the overall competitiveness of Massachusetts' manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly hours worked by production employees in the manufacturing non-durable goods industry in Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor productivity and economic conditions in the state's manufacturing sector, which is a key driver of the Massachusetts economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to gauge the strength of Massachusetts' manufacturing industry and make informed decisions about economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods in Massachusetts (SMU25000003200000007), retrieved from FRED.