All Employees: Manufacturing: Non-Durable Goods in Puerto Rico
Monthly, Seasonally Adjusted
SMU72000003200000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.49
Year-over-Year Change
-4.78%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures monthly, seasonally adjusted employment in the Mining and Logging sector in the United States. It is a key indicator of economic activity and labor market conditions in the natural resources 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 Monthly, Seasonally Adjusted employment series for the Mining and Logging sector tracks the total number of non-farm employees in industries related to the extraction and processing of natural resources. This metric is used by economists and policymakers to gauge the health and outlook of the broader U.S. economy.
Methodology
The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend provides important insights into consumer demand, investment, and policy decisions affecting the natural resources industry.
Key Facts
- The Mining and Logging sector accounts for around 700,000 jobs in the U.S.
- Employment in this sector has declined by over 30% since the 2010s.
- The COVID-19 pandemic caused a sharp drop in Mining and Logging jobs in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-farm employees in the Mining and Logging sector in the United States, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides important insights into the health and outlook of the natural resources industry, which is a key driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by economists, analysts, and policymakers to gauge consumer demand, investment, and policy decisions affecting the natural resources sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a short lag, providing timely insights into the state of the Mining and Logging industry.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU72000003200000001SA), retrieved from FRED.