Indexes of Aggregate Weekly Hours of All Employees, Durable Goods
This dataset tracks indexes of aggregate weekly hours of all employees, durable goods over time.
Latest Value
90.00
Year-over-Year Change
-0.88%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks weekly work hours in durable goods manufacturing, 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 weekly hours worked by employees in durable goods sectors, reflecting economic activity and workforce engagement.
Methodology
Bureau of Labor Statistics collects data through establishment surveys and employment reports.
Historical Context
Used by policymakers to assess manufacturing sector health and potential economic trends.
Key Facts
- Indicates manufacturing workforce productivity
- Reflects industrial sector economic health
- Critical for economic forecasting
FAQs
Q: What does this index measure?
A: Total weekly hours worked by employees in durable goods manufacturing sectors across the United States.
Q: Why are aggregate hours important?
A: Hours worked indicate economic activity, productivity, and potential changes in manufacturing employment.
Q: How often is this data updated?
A: Typically updated monthly by the Bureau of Labor Statistics.
Q: What industries are included?
A: Covers manufacturing sectors producing long-lasting goods like machinery, electronics, and transportation equipment.
Q: How do economists use this data?
A: To analyze industrial productivity, predict economic trends, and assess labor market conditions.
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Citation
U.S. Federal Reserve, Indexes of Aggregate Weekly Hours of All Employees, Durable Goods (CES3100000016), retrieved from FRED.