Production or Nonsupervisory Employees: Manufacturing: Durable Goods in North Carolina
SMU37000003100000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
171.60
Year-over-Year Change
1.30%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the number of production or nonsupervisory employees in the manufacturing of durable goods in North Carolina. It provides valuable insights into the health and activity of the state's 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 Production or Nonsupervisory Employees: Manufacturing: Durable Goods in North Carolina metric tracks the number of employees involved in the manufacturing of durable goods, such as machinery, furniture, and transportation equipment, in the state of North Carolina. This data point is widely used by economists and policymakers to assess the strength and dynamics of the state's manufacturing industry.
Methodology
The data is collected through surveys of manufacturing establishments in North Carolina by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by analysts and policymakers to understand the economic conditions and competitiveness of North Carolina's manufacturing sector.
Key Facts
- North Carolina is a major manufacturing hub in the southeastern United States.
- Durable goods manufacturing accounts for a significant portion of the state's economy.
- Tracking employment in this sector provides insights into the overall health of North Carolina's manufacturing industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of production or nonsupervisory employees in the manufacturing of durable goods, such as machinery, furniture, and transportation equipment, in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and activity of North Carolina's manufacturing sector, which is a crucial part of the state's economy. It is closely monitored by economists and policymakers to understand the economic conditions and competitiveness of the state's manufacturing industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments in North Carolina by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by analysts and policymakers to understand the economic conditions and competitiveness of North Carolina's manufacturing sector, which is an important driver of the state's economy. The data can inform policy decisions and economic development strategies.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, but there may be occasional delays or revisions due to the survey-based nature of the data collection process.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Manufacturing: Durable Goods in North Carolina (SMU37000003100000006), retrieved from FRED.