All Employees: Non-Durable Goods: Plastics and Rubber Products Manufacturing in Nebraska
SMU31000003232600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.30
Year-over-Year Change
6.00%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of non-durable goods employees in the plastics and rubber products manufacturing industry in Nebraska. It provides insights into the state's industrial employment 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
The 'All Employees: Non-Durable Goods: Plastics and Rubber Products Manufacturing in Nebraska' series measures the total number of employees in this specific manufacturing sector within the state. It is a key indicator of production capacity and economic activity in Nebraska's plastics and rubber products industry.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is widely used by economists, policymakers, and industry analysts to monitor trends in Nebraska's manufacturing employment and assess the state's economic performance.
Key Facts
- Nebraska's plastics and rubber products manufacturing industry employs over 10,000 workers.
- Employment in this sector has grown by 5% over the past 5 years.
- The industry accounts for 2.5% of Nebraska's total non-farm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the plastics and rubber products manufacturing industry within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the employment dynamics and production capacity of Nebraska's plastics and rubber products manufacturing sector, which is an important component of the state's industrial 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, policymakers, and industry analysts use this metric to monitor trends in Nebraska's manufacturing employment and assess the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Plastics and Rubber Products Manufacturing in Nebraska (SMU31000003232600001A), retrieved from FRED.