All Employees: Non-Durable Goods: Food Manufacturing in Washington
SMU53000003231100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.80
Year-over-Year Change
16.91%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the food manufacturing industry within the state of Washington. It provides insight into the health and activity of this key manufacturing sector.
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: Non-Durable Goods: Food Manufacturing in Washington metric tracks the total employment levels in Washington's food production industries. This data is used by economists and policymakers to monitor industrial activity, labor market conditions, and economic performance within this critical component of the state's manufacturing base.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in food manufacturing employment are closely watched as indicators of broader economic and industry conditions.
Key Facts
- Washington is a major U.S. food production hub.
- Food manufacturing accounts for a significant portion of the state's industrial base.
- Employment levels in this sector can signal broader economic performance.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees in the food manufacturing industry within the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: Trends in food manufacturing employment are closely watched as indicators of broader economic and industry conditions in Washington.
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 and policymakers use this data to monitor industrial activity, labor market conditions, and economic performance within Washington's critical food production sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with typical publication delays of several weeks.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Food Manufacturing in Washington (SMU53000003231100001A), retrieved from FRED.