Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Missouri
Monthly, Not Seasonally Adjusted
SMU29000003100000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.50
Year-over-Year Change
0.09%
Date Range
1/1/2001 - 7/1/2025
Summary
This U.S. economic indicator measures the monthly average weekly hours worked in the manufacturing sector. It provides insights into production levels and labor market conditions.
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 monthly average weekly hours worked in manufacturing is a key indicator of economic activity and productivity. It represents the average number of hours employees work per week in the manufacturing industry, a critical sector that accounts for a significant portion of U.S. economic output.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by economists, policymakers, and market analysts to assess the health of the manufacturing industry and the broader economy.
Key Facts
- The average weekly hours worked in U.S. manufacturing peaked at 41.7 hours in 1997.
- Manufacturing accounts for approximately 11% of total U.S. employment.
- The data is released monthly by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the monthly average number of hours worked per week by employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The average weekly hours worked in manufacturing is a key indicator of production levels, labor market conditions, and overall economic activity.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this metric to assess the health of the manufacturing industry and the broader economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the Bureau of Labor Statistics, with a typical one-month delay in publication.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU29000003100000006), retrieved from FRED.