All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Utah

SMU49000003133600001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.10

Year-over-Year Change

0.00%

Date Range

1/1/1990 - 6/1/2025

Summary

This economic trend measures the total number of employees in the durable goods transportation equipment manufacturing industry in Utah. It provides insight into the strength and stability of this key manufacturing sector in the state.

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: Transportation Equipment Manufacturing in Utah data series tracks the total number of workers employed in the production of durable transportation equipment goods within Utah's manufacturing industry. This metric is used by economists and policymakers to monitor labor market conditions and industrial activity in the state.

Methodology

The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

Trends in transportation equipment manufacturing employment can inform economic and policy decisions related to the strength of Utah's manufacturing base and the state's competitiveness in this key industry.

Key Facts

  • Utah's transportation equipment manufacturing industry employed over 20,000 workers as of the latest data.
  • Employment in this sector has grown by 25% over the past decade.
  • The transportation equipment industry accounts for over 15% of Utah's total manufacturing jobs.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees working in the durable goods transportation equipment manufacturing industry within the state of Utah.

Q: Why is this trend relevant for users or analysts?

A: Monitoring employment in Utah's transportation equipment manufacturing sector provides important insights into the strength and direction of the state's industrial base and overall economy.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Trends in transportation equipment manufacturing employment can inform economic and policy decisions related to the competitiveness and growth of Utah's manufacturing industry.

Q: Are there update delays or limitations?

A: The data is published with a one-month lag, and may be subject to minor revisions as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Utah (SMU49000003133600001), retrieved from FRED.