All Employees: Durable Goods: Household and Institutional Furniture and Kitchen Cabinet Manufacturing in North Carolina
SMU37000003133710001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.90
Year-over-Year Change
-13.44%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the household and institutional furniture and kitchen cabinet manufacturing industry in North Carolina. It provides insight into the health and activity of a key 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: Household and Institutional Furniture and Kitchen Cabinet Manufacturing in North Carolina metric tracks the number of people employed in this manufacturing subsector within the state. It is an important indicator of economic conditions and production capacity in this industry.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used by economists, policymakers, and industry analysts to assess the strength of North Carolina's furniture and cabinet manufacturing sector.
Key Facts
- North Carolina is a major center of furniture and cabinet production in the U.S.
- This industry employs over 30,000 workers in the state.
- The furniture and kitchen cabinet sector is a key part of North Carolina's durable goods manufacturing base.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the household and institutional furniture and kitchen cabinet manufacturing industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insight into the health and activity of an important manufacturing sector in North Carolina, which is a major center of furniture and cabinet production.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used by economists, policymakers, and industry analysts to assess the strength of North Carolina's furniture and cabinet manufacturing sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Household and Institutional Furniture and Kitchen Cabinet Manufacturing in North Carolina (SMU37000003133710001A), retrieved from FRED.