All Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Utah
SMU49000003133400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.52
Year-over-Year Change
0.77%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the computer and electronic product manufacturing industry in Utah. It is an important indicator of the strength and productivity of a key high-tech sector in the state's economy.
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: Computer and Electronic Product Manufacturing in Utah series tracks the total number of individuals employed in this specific manufacturing industry within the state. It provides valuable insights into the performance and trends of a vital component of Utah's manufacturing base.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health and competitiveness of Utah's technology manufacturing sector.
Key Facts
- Utah's computer and electronic product manufacturing industry employs over 25,000 workers.
- Employment in this sector has grown by 20% over the past decade.
- The industry accounts for nearly 10% of Utah's total manufacturing workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed 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 trend provides valuable insights into the performance and competitiveness of a key high-tech manufacturing sector in Utah's economy, which is closely monitored by policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to assess the health and competitiveness of Utah's technology manufacturing sector, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve, with a typical release delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Utah (SMU49000003133400001SA), retrieved from FRED.