All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Nebraska
SMU31000003133900001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.50
Year-over-Year Change
-4.26%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of employees in the miscellaneous durable goods manufacturing industry in the state of Nebraska. It provides insight into the labor market and production activities within this specific manufacturing 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
The All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Nebraska metric is an important indicator of industrial activity and economic conditions in the state. It helps economists and policymakers evaluate trends in the manufacturing sector and labor market.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, industry analysts, and policymakers to assess the health of Nebraska's manufacturing economy.
Key Facts
- The series dates back to January 1990.
- Nebraska accounts for roughly 1.2% of total U.S. durable goods manufacturing employment.
- Miscellaneous durable goods include products like medical equipment, sporting goods, and office supplies.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the miscellaneous durable goods manufacturing industry in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor market and production activities within Nebraska's manufacturing sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, industry analysts, and policymakers closely monitor this trend to assess the health of Nebraska's manufacturing economy and inform economic policies.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Nebraska (SMU31000003133900001A), retrieved from FRED.