All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Utah
SMU49000003133400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.50
Year-over-Year Change
-6.25%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the computer and electronic product manufacturing industry in Utah. It is an important indicator of the state's technology and manufacturing sectors.
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: Computer and Electronic Product Manufacturing in Utah metric tracks the total employment in this key industry within the state. It provides insight into the health and growth of Utah's high-tech manufacturing economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to understand workforce dynamics in Utah's technology-driven industries.
Key Facts
- Utah has a thriving technology sector.
- Computer and electronic manufacturing is a key industry in the state.
- Employment in this sector can signal broader economic trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the computer and electronic product manufacturing industry within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and growth of Utah's high-tech manufacturing economy, which is an important driver of the state's overall economic performance.
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 analysts monitor this trend to understand workforce dynamics in Utah's technology-driven industries and make informed decisions about economic development.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may be subject to revisions and limitations in survey coverage.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Utah (SMU49000003133400001A), retrieved from FRED.