All Employees: Manufacturing in Alabama
ALMFGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
289.90
Year-over-Year Change
1.43%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Manufacturing in Alabama' metric tracks employment levels in the manufacturing industry across the state of Alabama. This data is crucial for understanding the health and growth of Alabama's 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
This series measures the total number of people employed in manufacturing jobs within the state of Alabama. It is a key indicator of the state's economic activity and industrial production capacity.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses and households.
Historical Context
Policymakers and economists use this metric to gauge Alabama's manufacturing output and competitiveness.
Key Facts
- Alabama is a major manufacturing hub in the Southeast U.S.
- Manufacturing accounts for over 13% of Alabama's GDP.
- The state is a leader in aerospace, automotive, and chemical production.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Manufacturing in Alabama' metric tracks total employment levels in the manufacturing industry across the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding the health and growth of Alabama's economy, as manufacturing is a key driver of economic activity in the state.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses and households.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to gauge Alabama's manufacturing output and competitiveness, which informs decisions around economic development, trade, and workforce policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing in Alabama (ALMFGN), retrieved from FRED.