All Employees: Manufacturing: Non-Durable Goods: Animal Slaughtering and Processing in Minnesota
SMU27000003231160001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.49
Year-over-Year Change
0.51%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of non-durable goods manufacturing employees in the animal slaughtering and processing industry in Minnesota. It provides valuable insights into the health and dynamics of this important sector of the state's economy.
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: Non-Durable Goods: Animal Slaughtering and Processing in Minnesota series tracks the monthly employment levels in this key manufacturing subsector. It is used by economists, policymakers, and industry analysts to assess the economic conditions and labor market trends in Minnesota's food processing industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by state and federal agencies to inform economic and workforce development policies.
Key Facts
- Minnesota is a major center for animal processing and slaughtering.
- This industry employs over 20,000 workers in the state.
- Employment levels have fluctuated with changes in production and demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-durable goods manufacturing employees in the animal slaughtering and processing industry in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the health and dynamics of Minnesota's food processing industry, which is a vital component 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 employment trend is closely monitored by state and federal agencies to inform economic and workforce development policies in Minnesota.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, with typical publication delays of a few weeks.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods: Animal Slaughtering and Processing in Minnesota (SMU27000003231160001SA), retrieved from FRED.