All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Pennsylvania
Annual, Not Seasonally Adjusted
SMU42000004300000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
333.40
Year-over-Year Change
36.25%
Date Range
1/1/1990 - 1/1/2024
Summary
This series measures annual employment, not seasonally adjusted, in the U.S. manufacturing sector. It provides valuable insights into long-term employment trends and labor market 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 Annual, Not Seasonally Adjusted employment series tracks the total number of manufacturing jobs in the United States on an annual basis, without adjusting for seasonal variations. This data is used by economists and policymakers to analyze broader manufacturing employment patterns and the health of the U.S. industrial sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by the Federal Reserve and other economic institutions to assess the state of the manufacturing industry and inform policy decisions.
Key Facts
- Manufacturing accounts for approximately 11% of total U.S. employment.
- The U.S. manufacturing sector has experienced both growth and decline over the past decades.
- Manufacturing jobs are often viewed as important for economic stability and middle-class wages.
FAQs
Q: What does this economic trend measure?
A: This series measures the total number of jobs in the U.S. manufacturing sector on an annual, non-seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment trend provides valuable insights into the health and long-term trajectory of the U.S. industrial sector, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey, a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other economic institutions closely monitor this manufacturing employment trend to assess the state of the industrial sector and inform policy decisions.
Q: Are there update delays or limitations?
A: This annual, non-seasonally adjusted data is subject to revisions and may have some delay in availability compared to monthly employment statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU42000004300000001A), retrieved from FRED.