All Employees: Non-Durable Goods: Food Manufacturing in Mississippi
SMU28000003231100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.30
Year-over-Year Change
8.97%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of non-durable goods employees in the food manufacturing industry in Mississippi. It provides valuable insights into the state's industrial composition 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: Non-Durable Goods: Food Manufacturing in Mississippi series tracks the total employment levels in the food manufacturing sub-sector of the non-durable goods industry across the state. This metric is used by economists and policymakers to analyze Mississippi's industrial base and economic performance.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding Mississippi's industrial landscape and informing economic policies and business decisions.
Key Facts
- Mississippi is a major food production hub in the U.S.
- Food manufacturing accounts for a significant share of the state's non-durable goods industry.
- Employment levels in this sector reflect the overall health of Mississippi's industrial base.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the food manufacturing sub-sector of the non-durable goods industry in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the composition and performance of Mississippi's industrial base, which is crucial for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand the state's industrial landscape and inform decisions related to economic development, workforce planning, and business support programs.
Q: Are there update delays or limitations?
A: The data is typically published with a delay of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Food Manufacturing in Mississippi (SMU28000003231100001A), retrieved from FRED.