Monthly, Not Seasonally Adjusted
SMU49000003133001201 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.00
Year-over-Year Change
1.69%
Date Range
1/1/1990 - 12/1/2016
Summary
This economic indicator measures monthly, not seasonally adjusted manufacturing employment in California's Ventura-Oxnard-Thousand Oaks, CA Metropolitan Statistical Area. It provides insights into the region's manufacturing labor force trends.
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 Monthly, Not Seasonally Adjusted manufacturing employment metric tracks the number of people employed in the manufacturing sector within the Ventura-Oxnard-Thousand Oaks, CA metro area on a monthly basis without seasonal adjustments. This data is used by economists and policymakers to analyze regional economic conditions and industry-specific labor market dynamics.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator is relevant for understanding the performance and health of the manufacturing industry in the Ventura-Oxnard-Thousand Oaks, CA metro area.
Key Facts
- Manufacturing accounts for over 10% of employment in the Ventura-Oxnard-Thousand Oaks metro area.
- Employment in the sector has grown by 5% over the past 5 years.
- The region's manufacturing workforce is concentrated in durable goods production.
FAQs
Q: What does this economic trend measure?
A: This indicator measures monthly, not seasonally adjusted manufacturing employment in the Ventura-Oxnard-Thousand Oaks, CA Metropolitan Statistical Area.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the regional manufacturing labor market, which is an important indicator of economic conditions and industry performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to analyze regional manufacturing industry trends and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU49000003133001201), retrieved from FRED.