All Employees: Manufacturing: Durable Goods: Furniture and Related Product Manufacturing in Mississippi
SMU28000003133700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.80
Year-over-Year Change
-2.82%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of employees in the durable goods manufacturing industry for furniture and related product manufacturing in Mississippi. It provides insight into the state's manufacturing activity and economic health.
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: Furniture and Related Product Manufacturing in Mississippi series tracks the total number of workers in this specific manufacturing sector within the state. It is used by economists and policymakers to analyze trends in Mississippi's industrial production and employment.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is relevant for understanding the performance of Mississippi's furniture and related product manufacturing industry and its contribution to the state's overall economic activity.
Key Facts
- Mississippi is a major center for furniture manufacturing in the United States.
- Durable goods production accounts for a significant portion of the state's manufacturing output.
- Employment in this sector is an important indicator of Mississippi's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the durable goods manufacturing industry for furniture and related product manufacturing within the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and economic contribution of Mississippi's furniture and related product manufacturing sector, which is an important component of the state's industrial base.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health and competitiveness of Mississippi's furniture manufacturing industry, which informs decisions related to economic development, workforce training, and industrial policy.
Q: Are there update delays or limitations?
A: There may be some delays in the release of this data, as it is collected through surveys and subject to processing timelines. Additionally, the data may not capture all informal or small-scale manufacturing activity in the state.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Furniture and Related Product Manufacturing in Mississippi (SMU28000003133700001), retrieved from FRED.