All Employees: Durable Goods: Sawmills and Wood Preservation in Oregon
SMU41000003132110001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.40
Year-over-Year Change
4.92%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in Oregon's sawmills and wood preservation industry, which is a key component of the state's durable goods 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: Sawmills and Wood Preservation in Oregon metric tracks the number of people employed in this critical industry, providing insight into the health and productivity of Oregon's wood products manufacturing capabilities.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
This employment trend is closely watched by policymakers and industry analysts to gauge the strength of Oregon's forestry and wood products economy.
Key Facts
- Oregon is a leading producer of lumber and wood products in the U.S.
- The sawmills and wood preservation industry employs over 9,000 people in the state.
- Employment in this sector has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of people employed in Oregon's sawmills and wood preservation industry, which is a key component of the state's durable goods manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into the health and productivity of Oregon's wood products manufacturing capabilities, which are crucial to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by policymakers and industry analysts to gauge the strength of Oregon's forestry and wood products economy, which informs economic development and workforce policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Sawmills and Wood Preservation in Oregon (SMU41000003132110001A), retrieved from FRED.