Average Weekly Hours of Production Employees: Information in Utah
SMU49000005000000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.80
Year-over-Year Change
0.80%
Date Range
1/1/2001 - 6/1/2025
Summary
The 'Average Weekly Hours of Production Employees: Information in Utah' series measures the average number of hours worked per week by production employees in the information industry within the state of Utah.
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 economic indicator provides insight into labor market conditions and productivity trends within Utah's information sector. It is widely used by economists and policymakers to assess the health and output of this key industry.
Methodology
The data is collected through a monthly survey of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This metric helps inform decisions around employment, wages, and economic policies affecting Utah's information industry.
Key Facts
- Utah's information sector accounts for over 4% of the state's total employment.
- Average weekly hours peaked at 41.7 in January 2019 before declining during the COVID-19 pandemic.
- Production employee hours in Utah's information industry tend to be higher than the national average.
FAQs
Q: What does this economic trend measure?
A: This series measures the average number of hours worked per week by production employees in the information industry within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into labor market conditions and productivity trends within Utah's information sector, which is a key industry for the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric helps inform decisions around employment, wages, and economic policies affecting Utah's information industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Information in Utah (SMU49000005000000007), retrieved from FRED.