Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Missouri
Annual, Not Seasonally Adjusted
SMU29000003100000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116.70
Year-over-Year Change
13.08%
Date Range
1/1/2001 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the total number of private establishments in the U.S. on an annual basis. This provides important insights into the health and growth of the private sector.
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 indicator represents the total count of private establishments, including firms, companies, and organizations that are not part of government. It is a key metric used by economists and policymakers to assess the overall size and dynamism of the private economy.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Historical Context
The private establishment count is often used to monitor trends in business formation, investment, and labor market conditions.
Key Facts
- The U.S. had over 8 million private establishments in 2022.
- Private establishments account for over 80% of total U.S. employment.
- The number of private establishments has grown by over 20% since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of private establishments in the United States, including firms, companies, and organizations that are not part of government.
Q: Why is this trend relevant for users or analysts?
A: The private establishment count is a key indicator of the size and dynamism of the private sector, providing important insights into business formation, investment, and labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The private establishment count is widely used by economists, policymakers, and market analysts to monitor trends in the private sector and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The private establishment data is updated annually with a typical release lag of several months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU29000003100000006A), retrieved from FRED.