All Employees: Manufacturing: Non-Durable Goods in Minnesota
SMU27000003200000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.50
Year-over-Year Change
2.60%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Manufacturing: Non-Durable Goods in Minnesota' series tracks employment in the non-durable manufacturing sector in the state of Minnesota. This metric is a key indicator of economic activity and industrial production in the region.
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
This series from the U.S. Bureau of Labor Statistics measures the total number of employees in the non-durable manufacturing industry across Minnesota. It provides important insights into the state's manufacturing output, supply chain dynamics, and overall economic health.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly poll of businesses and government agencies.
Historical Context
Economists and policymakers closely monitor this trend to gauge the strength of Minnesota's industrial base and guide economic decision-making.
Key Facts
- Minnesota is a major hub for non-durable manufacturing.
- Employment in this sector has fluctuated with economic cycles.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of employees in the non-durable manufacturing industry across the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength of Minnesota's industrial base and overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly poll of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this trend to gauge the strength of Minnesota's manufacturing sector and guide economic decision-making.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics with minimal delays.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Minnesota (SMU27000003200000001A), retrieved from FRED.