Average Weekly Overtime Hours of All Employees, Nondurable Goods
CES3200000004 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.90
Year-over-Year Change
-3.33%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks weekly overtime hours for employees in nondurable goods manufacturing. Provides insight into labor utilization and economic productivity in this critical sector.
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
Measures additional hours worked beyond standard full-time schedule in nondurable goods industries. Indicates economic demand and workforce capacity.
Methodology
Collected through Bureau of Labor Statistics establishment surveys of manufacturing employers.
Historical Context
Used by economists to assess manufacturing sector labor intensity and economic momentum.
Key Facts
- Reflects real-time manufacturing workforce engagement
- Indicates potential economic expansion or contraction
- Critical for understanding labor market dynamics
FAQs
Q: What are nondurable goods manufacturing industries?
A: Includes food, clothing, paper products, and other quickly consumed manufactured goods.
Q: How do overtime hours impact economic analysis?
A: Higher overtime suggests increased production demand and potential economic growth.
Q: How frequently is this data updated?
A: Monthly data releases provide current labor utilization insights.
Q: Why do economists track overtime hours?
A: Overtime indicates business cycle stages and potential hiring or productivity changes.
Q: Can overtime hours predict economic trends?
A: They serve as a leading indicator of manufacturing sector economic health.
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Citation
U.S. Federal Reserve, Average Weekly Overtime Hours of All Employees, Nondurable Goods (CES3200000004), retrieved from FRED.