Indexes of Aggregate Weekly Hours of Production and Nonsupervisory Employees, Goods-Producing
Seasonally Adjusted
CES0600000034 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
95.50
Year-over-Year Change
0.00%
Date Range
1/1/1947 - 7/1/2025
Summary
Tracks seasonally adjusted employment data in manufacturing. Provides critical insights into industrial workforce trends and economic performance.
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 metric normalizes manufacturing employment data to remove predictable seasonal variations. Helps economists understand underlying employment patterns.
Methodology
Uses statistical techniques to remove recurring seasonal fluctuations from raw employment numbers.
Historical Context
Used by policymakers and investors to assess manufacturing sector health and economic stability.
Key Facts
- Removes predictable seasonal employment variations
- Critical for accurate economic trend analysis
- Helps distinguish long-term employment changes
FAQs
Q: What does seasonal adjustment mean in employment data?
A: Removes predictable seasonal patterns to reveal true underlying employment trends. Allows for more accurate economic comparisons.
Q: Why is seasonal adjustment important for manufacturing?
A: Manufacturing often has cyclical variations due to holidays, weather, and production schedules. Adjustment provides clearer economic insights.
Q: How often is this data updated?
A: Typically updated monthly by the Bureau of Labor Statistics. Provides current snapshot of manufacturing employment.
Q: Can seasonal adjustment reveal economic trends?
A: Yes, it helps economists and analysts identify genuine economic shifts beyond temporary fluctuations.
Q: Are there limitations to seasonal adjustment?
A: Method relies on historical patterns and may not perfectly capture unique economic disruptions.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (CES0600000034), retrieved from FRED.