All Employees: Manufacturing: Durable Goods: Motor Vehicle Parts Manufacturing in Mississippi
SMU28000003133630001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.80
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment levels in the durable goods manufacturing sector, specifically in the motor vehicle parts industry in Mississippi. It provides insights into the strength of this key manufacturing segment within 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: Durable Goods: Motor Vehicle Parts Manufacturing in Mississippi data series tracks the total number of workers employed in this industry across the state. It is an important indicator of production capacity, economic activity, and labor market trends in this critical manufacturing subsector.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and industry analysts to assess the health of Mississippi's manufacturing and automotive supply chain.
Key Facts
- Mississippi is a major hub for automotive manufacturing and parts production.
- Motor vehicle parts manufacturing accounts for a significant share of the state's overall durable goods employment.
- Employment levels in this industry have fluctuated with changes in automotive demand and supply chain dynamics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the motor vehicle parts manufacturing industry within the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the strength and performance of a critical manufacturing sector in Mississippi's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this employment trend to assess the health of Mississippi's manufacturing and automotive supply chain.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the statistical agency, which may result in minor delays or changes to the published figures.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Motor Vehicle Parts Manufacturing in Mississippi (SMU28000003133630001), retrieved from FRED.