All Employees: Durable Goods: Transportation Equipment Manufacturing in Missouri
SMU29000003133600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49.10
Year-over-Year Change
30.59%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the transportation equipment manufacturing industry in Missouri. It is an important indicator of the state's industrial production and economic activity.
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: Durable Goods: Transportation Equipment Manufacturing in Missouri metric tracks the total number of workers in this key manufacturing sector. It provides insights into the strength and trends of Missouri's transportation equipment manufacturing industry, which is a significant driver of the state's economy.
Methodology
This data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this trend to analyze the health and competitiveness of Missouri's manufacturing base.
Key Facts
- Missouri is a major center for transportation equipment manufacturing.
- This industry accounts for a significant portion of the state's economic output.
- Employment levels in this sector reflect the overall health of Missouri's manufacturing base.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the transportation equipment manufacturing industry in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and competitiveness of Missouri's manufacturing sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this trend to assess the health of Missouri's manufacturing base and inform economic development strategies.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical lag of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Transportation Equipment Manufacturing in Missouri (SMU29000003133600001A), retrieved from FRED.