All Employees: Leisure and Hospitality in Wisconsin
Annual, Not Seasonally Adjusted
SMU55000007000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
288.50
Year-over-Year Change
12.30%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic indicator measures the annual average number of employees in the U.S. manufacturing sector. It provides insights into the overall health and productivity of the manufacturing industry.
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 Annual, Not Seasonally Adjusted manufacturing employment series tracks the total number of workers employed in the U.S. manufacturing sector over a 12-month period. It is a key indicator of the sector's output, competitiveness, and contribution to the broader economy.
Methodology
The data is collected through surveys of U.S. businesses and establishments.
Historical Context
Policymakers and analysts use this metric to assess the strength and direction of the manufacturing industry, which is a vital component of the U.S. economy.
Key Facts
- The U.S. manufacturing sector employs millions of workers.
- Manufacturing is a key driver of economic growth and productivity.
- Employment trends in this sector reflect the overall health of the economy.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the annual average number of employees in the U.S. manufacturing sector, providing insights into the industry's output and productivity.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment trend is a critical indicator of the health and competitiveness of the U.S. manufacturing industry, which is a vital component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and establishments.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength and direction of the manufacturing industry, which informs economic policies and strategies.
Q: Are there update delays or limitations?
A: The data is updated monthly, but there may be slight delays in the release of the latest figures.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU55000007000000001A), retrieved from FRED.