All Employees: Manufacturing in Oregon
SMU41000003000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
186.80
Year-over-Year Change
8.60%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Manufacturing in Oregon' series tracks the total number of manufacturing jobs in the state of Oregon. This key economic indicator provides insight into the strength and growth of Oregon'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
This manufacturing employment series represents the total number of people working in the manufacturing industry across Oregon. It is a valuable measure of economic activity and can be used to assess the overall health of Oregon's manufacturing base.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Manufacturing employment trends are closely watched by economists, policymakers, and investors as an important signal of economic conditions.
Key Facts
- Oregon has a diverse manufacturing sector spanning industries like high-tech, food processing, and wood products.
- Manufacturing accounts for over 10% of Oregon's total employment.
- The state has seen steady growth in manufacturing jobs in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Manufacturing in Oregon' series tracks the total number of people employed in the manufacturing industry across the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key indicator of economic health and activity, providing insight into the strength and growth of a state's industrial base.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Manufacturing employment trends are closely watched by policymakers, economists, and investors as an important signal of overall economic conditions and the performance of the manufacturing sector.
Q: Are there update delays or limitations?
A: The manufacturing employment data is released on a monthly basis with a typical delay of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing in Oregon (SMU41000003000000001A), retrieved from FRED.