Average Weekly Earnings of All Employees: Total Private in Puerto Rico
Monthly
SMU72000000500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
658.72
Year-over-Year Change
6.85%
Date Range
4/1/2013 - 6/1/2025
Summary
The Monthly trend measures the monthly percentage change in manufacturing employment in the United States. It is a key indicator of the health of the manufacturing sector and overall economic conditions.
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 Monthly trend tracks the month-over-month percent change in the number of manufacturing jobs in the U.S. This data point provides insight into the strength and direction of the manufacturing industry, which is a crucial component of the broader economy.
Methodology
The data is collected through a monthly survey of nonfarm establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor the Monthly trend to assess the performance of the manufacturing sector and its implications for the overall economic outlook.
Key Facts
- Manufacturing accounts for about 12% of U.S. GDP.
- The U.S. manufacturing sector employs over 12 million workers.
- The Monthly trend has shown volatility during economic cycles.
FAQs
Q: What does this economic trend measure?
A: The Monthly trend measures the month-over-month percentage change in the number of manufacturing jobs in the United States.
Q: Why is this trend relevant for users or analysts?
A: The Monthly trend provides valuable insight into the performance and health of the manufacturing sector, which is a key component of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of nonfarm establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor the Monthly trend to assess the state of the manufacturing industry and its implications for the overall economic outlook.
Q: Are there update delays or limitations?
A: The Monthly trend data is published with a short lag, typically within a few weeks of the reference month.
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Citation
U.S. Federal Reserve, Monthly (SMU72000000500000011), retrieved from FRED.