All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Utah
SMU49000003133600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.98
Year-over-Year Change
0.03%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the number of manufacturing employees in the transportation equipment industry in Utah. It is an important indicator of economic activity and production capacity 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 series tracks the total number of workers employed in the production of transportation equipment, such as motor vehicles, aircraft, and rail stock, within the manufacturing sector in Utah. This metric provides insight into the health and output of a key industry in the state's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and industry analysts to monitor manufacturing employment and production trends in Utah.
Key Facts
- Utah's transportation equipment manufacturing employs over 25,000 workers.
- The industry accounts for 20% of the state's total manufacturing jobs.
- Employment in this sector has grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the transportation equipment manufacturing industry within the manufacturing sector in Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and output of a key industry in Utah's economy, which is important for economic forecasting and policy decisions.
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: Economists, policymakers, and industry analysts use this trend to monitor manufacturing employment and production trends in Utah, which can inform economic development strategies and investment decisions.
Q: Are there update delays or limitations?
A: The data is subject to revision and may have a 1-2 month lag in publication.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Utah (SMU49000003133600001SA), retrieved from FRED.