All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Minnesota
SMU27000003133400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.40
Year-over-Year Change
-4.82%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of all employees in the computer and electronic product manufacturing industry in Minnesota. It is an important indicator of the state's high-tech manufacturing sector and economic activity.
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: Durable Goods: Computer and Electronic Product Manufacturing in Minnesota series tracks the total number of workers employed in this key manufacturing industry within the state. It provides insight into the strength and performance of Minnesota's high-tech production capabilities.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and investors to gauge Minnesota's manufacturing competitiveness and economic health.
Key Facts
- Minnesota is a national leader in computer and electronics manufacturing.
- This industry accounts for over 50,000 jobs in the state.
- Employment levels in this sector have remained stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the computer and electronic product manufacturing industry in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the strength and performance of Minnesota's high-tech manufacturing sector, which is an important driver of the state's economy.
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: This trend is closely monitored by policymakers, industry analysts, and investors to gauge Minnesota's manufacturing competitiveness and economic health.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Minnesota (SMU27000003133400001A), retrieved from FRED.