All Employees: Non-Durable Goods: Animal Slaughtering and Processing in Nebraska
SMU31000003231160001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.10
Year-over-Year Change
24.40%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Non-Durable Goods: Animal Slaughtering and Processing in Nebraska' trend measures employment in the animal slaughtering and processing industry within the state of Nebraska. This data is important for understanding regional economic conditions and labor market dynamics.
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 series tracks the total number of non-farm employees engaged in animal slaughtering and processing activities in the state of Nebraska. It provides insights into the size and health of this key industry, which is a major employer and economic driver in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this data to assess the performance of Nebraska's food processing sector and its broader economic implications.
Key Facts
- Nebraska is a leading producer of beef and pork in the United States.
- The animal slaughtering and processing industry is a major employer in the state.
- Employment in this sector has seen steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-farm employees engaged in animal slaughtering and processing activities within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the performance and health of a key industry in Nebraska, which is a major employer and economic driver in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the performance of Nebraska's food processing sector and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the U.S. Bureau of Labor Statistics surveys.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Animal Slaughtering and Processing in Nebraska (SMU31000003231160001A), retrieved from FRED.