All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Wisconsin
SMU55000003133500001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.50
Year-over-Year Change
-2.60%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the electrical equipment, appliance, and component manufacturing industry in Wisconsin. It provides insights into the health and productivity of a key sector of the state's manufacturing economy.
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: Electrical Equipment, Appliance, and Component Manufacturing in Wisconsin series tracks the number of people employed in this specific manufacturing subsector within the state. It is an important indicator of industrial activity and economic conditions.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and industry analysts to assess the strength of Wisconsin's manufacturing base and guide economic decisions.
Key Facts
- Wisconsin is a major hub for electrical equipment and appliance manufacturing.
- This industry accounts for over 20,000 jobs in the state.
- Employment in this sector has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the electrical equipment, appliance, and component manufacturing industry within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and productivity of a key sector of Wisconsin's manufacturing economy, which is closely monitored by policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used by policymakers, economists, and industry analysts to assess the strength of Wisconsin's manufacturing base and guide economic decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with minimal delays, providing timely insights into employment trends in this industry.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Wisconsin (SMU55000003133500001), retrieved from FRED.