All Employees: Durable Goods: Transportation Equipment Manufacturing in Utah
SMU49000003133600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.90
Year-over-Year Change
79.28%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Durable Goods: Transportation Equipment Manufacturing in Utah' trend tracks the number of workers employed in this key manufacturing sector within 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
This employment metric provides insight into the health and production capacity of Utah's transportation equipment manufacturing industry, which includes the production of motor vehicles, aircraft, and related parts.
Methodology
The data is collected through monthly surveys of business establishments.
Historical Context
This trend is used to monitor economic activity and employment trends in a critical manufacturing segment.
Key Facts
- Utah's transportation equipment manufacturing employs over 10,000 workers.
- This industry represents 2.4% of the state's total manufacturing jobs.
- Employment in this sector has grown by 18% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of employees working in the transportation equipment 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 production capacity of a critical manufacturing segment in the Utah economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to monitor employment and economic activity in Utah's transportation manufacturing industry.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay.
Related Trends
Housing Inventory: Median Listing Price Year-Over-Year in Utah
MEDLISPRIYYUT
Industrial Carbon Dioxide Emissions, Industrial Other for Utah
EMISSCO2VCLICBUTA
Personal Consumption Expenditures: Services: Household Consumption Expenditures for Services for Utah
UTPCEHCE
Unemployment Rate in Utah
UTUR
Number of Identified Exporters to Slovakia from Utah
UTSVKA475SCEN
All Employees: Manufacturing: Durable Goods in Utah
SMU49000003100000001
Citation
U.S. Federal Reserve, All Employees: Durable Goods: Transportation Equipment Manufacturing in Utah (SMU49000003133600001A), retrieved from FRED.