All Employees: Manufacturing: Durable Goods: Furniture and Related Product Manufacturing in North Carolina
SMU37000003133700001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.78
Year-over-Year Change
-3.85%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the durable goods manufacturing sector of furniture and related product manufacturing in North Carolina. It provides insights into the health and activity of this critical industry within the state's economy.
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: Manufacturing: Durable Goods: Furniture and Related Product Manufacturing in North Carolina series tracks the total number of people employed in this specific manufacturing subsector across the state. It is a key indicator of production capacity, economic output, and labor market conditions in this important North Carolina industry.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, industry analysts, and economists to assess the performance and outlook of North Carolina's furniture manufacturing sector.
Key Facts
- North Carolina is a major hub for furniture manufacturing in the U.S.
- The furniture industry employs over 30,000 workers in the state.
- Furniture exports from North Carolina totaled over $2 billion in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the durable goods manufacturing sector specifically for furniture and related product manufacturing in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides valuable insights into the health and performance of North Carolina's crucial furniture manufacturing industry, which is a major contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, industry groups, and economists closely monitor this employment trend to assess the outlook for North Carolina's furniture manufacturing sector and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Furniture and Related Product Manufacturing in North Carolina (SMU37000003133700001SA), retrieved from FRED.