All Employees: Manufacturing: Non-Durable Goods: Tobacco Manufacturing in North Carolina
SMU37000003231220001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.50
Year-over-Year Change
9.37%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the number of all employees in the tobacco manufacturing industry in North Carolina. It provides important insights into the state's manufacturing sector and broader economic conditions.
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: Non-Durable Goods: Tobacco Manufacturing in North Carolina metric tracks the total employment levels in this specific manufacturing subsector within the state. It is a key indicator of activity and labor demand in this important North Carolina industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by economists, policymakers, and industry analysts to assess the health of North Carolina's manufacturing base and broader economic trajectory.
Key Facts
- North Carolina is a major tobacco-producing state.
- Tobacco manufacturing is an important component of the state's non-durable goods sector.
- Employment in this industry has declined over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the tobacco manufacturing industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and performance of a key manufacturing subsector in North Carolina, which has broad implications for the state's overall economic conditions.
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: This employment trend is closely monitored by economists, policymakers, and industry analysts to assess the strength of North Carolina's manufacturing base and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to typical publication lags by the statistical agencies responsible for collecting and releasing the information.
Similar SMU Trends
Real Gross Domestic Product: Data Processing, Hosting, and Other Information Services (518-519) in North Carolina
NCDATAWWWRGSP
Real Gross Domestic Product: Monetary Authorities-Central Bank, Credit Intermediation, and Related Services (521-522) in North Carolina
NCFRBCIRGSP
Average Hourly Earnings of All Employees: Goods Producing in North Carolina
SMU37000000600000003
Real Gross Domestic Product: Miscellaneous Professional, Scientific, and Technical Services (5412-5414, 5416-5419) in North Carolina
NCMISCPRORGSP
Projected Business Formations Within Eight Quarters: Total for All NAICS in North Carolina
BFPBF8QTOTALNSANC
Value of Exports to Portugal from North Carolina
NCPRTA052SCEN
Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods: Tobacco Manufacturing in North Carolina (SMU37000003231220001), retrieved from FRED.