Indexes of Aggregate Weekly Hours of All Employees, Goods-Producing
CES0600000016 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
98.50
Year-over-Year Change
0.41%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks total weekly work hours in goods-producing sectors, providing critical insight into industrial productivity and labor market dynamics.
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 index measures aggregate work hours across manufacturing, mining, and construction industries, reflecting economic activity and workforce engagement.
Methodology
Calculated through comprehensive employer surveys tracking total employee hours worked weekly.
Historical Context
Used by policymakers to assess industrial sector health and potential economic trends.
Key Facts
- Reflects total work hours in goods-producing sectors
- Indicates industrial economic activity levels
- Helps predict economic growth potential
FAQs
Q: What does this index measure?
A: Tracks total weekly work hours in goods-producing industries, indicating economic productivity and labor market conditions.
Q: Why are aggregate weekly hours important?
A: They provide insights into industrial sector performance and potential economic trends beyond simple employment numbers.
Q: How is this index calculated?
A: Through comprehensive employer surveys collecting detailed information about total employee work hours.
Q: What industries are included?
A: Includes manufacturing, mining, construction, and other goods-producing sectors.
Q: How often is this data updated?
A: Typically updated monthly by the Bureau of Labor Statistics with current economic data.
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Citation
U.S. Federal Reserve, Indexes of Aggregate Weekly Hours of All Employees, Goods-Producing (CES0600000016), retrieved from FRED.