Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods in Mississippi
SMU28000003200000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.80
Year-over-Year Change
3.29%
Date Range
1/1/2001 - 7/1/2025
Summary
The 'Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods in Mississippi' trend measures the average number of hours worked per week by production workers in the non-durable goods manufacturing sector in Mississippi. This metric is a key indicator of labor market conditions and productivity.
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 economic series tracks the average weekly hours for production employees in Mississippi's non-durable goods manufacturing industry. It provides insights into labor utilization and can signal changes in demand, output, and economic performance within this important sector.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to assess the health of Mississippi's manufacturing economy.
Key Facts
- Average weekly hours for non-durable goods manufacturing workers in Mississippi were 41.4 in June 2022.
- This trend has declined from a high of 43.3 hours in January 2020.
- Stable average weekly hours can signal steady production and labor demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by production employees in the non-durable goods manufacturing sector in Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor utilization and can signal changes in demand, output, and economic performance within Mississippi's important manufacturing industry.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the health of Mississippi's manufacturing economy.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a short publication delay.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods in Mississippi (SMU28000003200000007), retrieved from FRED.