Monthly, Not Seasonally Adjusted
SMU72000003200000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
429.69
Year-over-Year Change
-5.99%
Date Range
1/1/2001 - 12/1/2017
Summary
This economic indicator tracks monthly, not seasonally adjusted employment in the manufacturing sector of the U.S. economy. It provides important insights into the overall health and trends 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 monthly, not seasonally adjusted manufacturing employment series from the U.S. Bureau of Labor Statistics measures the total number of people employed in manufacturing jobs across the country. This metric is a key barometer of economic activity and production capacity.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers monitor this trend to assess the strength of the manufacturing sector and broader economic conditions.
Key Facts
- Manufacturing employs over 12 million workers in the U.S.
- Manufacturing accounts for around 11% of total U.S. economic output.
- The manufacturing sector has seen steady job growth since the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of people employed in manufacturing jobs across the United States on a monthly basis, without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key barometer of economic activity and production capacity, providing important insights into the overall health of the manufacturing sector and the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this manufacturing employment trend to assess the strength of the industrial sector and make informed decisions about economic and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of around one month from the reference period.
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Citation
U.S. Bureau of Labor Statistics, Monthly, Not Seasonally Adjusted (SMU72000003200000030), retrieved from FRED.