All Employees: Manufacturing: Non-Durable Goods: Food Manufacturing in Minnesota
Not Seasonally Adjusted
SMU27000003231100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.10
Year-over-Year Change
1.66%
Date Range
1/1/1990 - 7/1/2025
Summary
The Not Seasonally Adjusted (NSA) economic indicator tracks changes in employment levels without adjusting for seasonal patterns. It provides a raw, unfiltered view of labor market conditions.
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 Not Seasonally Adjusted (NSA) series measures total nonfarm employment without removing the typical seasonal fluctuations caused by factors like weather, holidays, and school schedules. This provides an unvarnished look at employment trends that can uncover underlying market dynamics.
Methodology
The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Historical Context
Policymakers and analysts often reference NSA employment data to supplement the more commonly cited Seasonally Adjusted series, gaining insights into the true state of the labor market.
Key Facts
- The NSA series does not adjust for typical seasonal patterns.
- NSA data provides a more unfiltered view of employment conditions.
- Policymakers use NSA alongside Seasonally Adjusted data for analysis.
FAQs
Q: What does this economic trend measure?
A: The Not Seasonally Adjusted (NSA) series tracks total nonfarm employment levels without removing typical seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: NSA employment data provides an unvarnished look at labor market conditions, complementing the more commonly cited Seasonally Adjusted series.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and households by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts reference NSA employment data to gain insights into the true state of the labor market alongside Seasonally Adjusted figures.
Q: Are there update delays or limitations?
A: The NSA employment data is subject to the same release schedule and potential limitations as the Seasonally Adjusted series.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU27000003231100001), retrieved from FRED.