All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Pennsylvania
SMU42000003133300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.20
Year-over-Year Change
0.22%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks employment in the durable goods manufacturing sector of the machinery industry in Pennsylvania. It provides insights into the state's manufacturing activity and economic health.
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: Machinery Manufacturing in Pennsylvania metric measures the number of people employed in the machinery manufacturing industry, which is a key component of the state's durable goods manufacturing sector. This data is used by economists and policymakers to assess the strength of Pennsylvania's manufacturing base and broader economic conditions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding Pennsylvania's manufacturing competitiveness and the impacts of economic policies on the state's industrial base.
Key Facts
- Pennsylvania is a major manufacturing hub, accounting for over 10% of the state's GDP.
- Machinery manufacturing is a key driver of durable goods production in the state.
- Employment in this sector has fluctuated with broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the machinery manufacturing industry, a critical component of Pennsylvania's durable goods manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the strength and competitiveness of Pennsylvania's manufacturing base, which is important for understanding the state's broader economic conditions and the impacts of policy decisions.
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: Policymakers and economists use this trend to assess the health of Pennsylvania's manufacturing sector and inform decisions related to economic development, workforce training, and industrial policies.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a lag of several months between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Pennsylvania (SMU42000003133300001), retrieved from FRED.