All Employees: Manufacturing in Illinois
Monthly, Not Seasonally Adjusted
ILMFGN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
576.10
Year-over-Year Change
-1.13%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Monthly, Not Seasonally Adjusted' series measures the number of manufacturing employees in the United States. This employment trend provides insight into the health and productivity of the U.S. manufacturing 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
The 'Monthly, Not Seasonally Adjusted' series tracks the total number of employees on nonfarm payrolls in the manufacturing industry. It offers a comprehensive view of the manufacturing labor force and is a key indicator of economic activity and industrial production.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor this employment trend to gauge the strength of the manufacturing industry and make informed economic decisions.
Key Facts
- The manufacturing sector employs over 12 million workers in the United States.
- Manufacturing accounts for approximately 11% of the U.S. GDP.
- The COVID-19 pandemic led to a significant decline in manufacturing employment in 2020.
FAQs
Q: What does this economic trend measure?
A: The 'Monthly, Not Seasonally Adjusted' series measures the total number of employees on nonfarm payrolls in the U.S. manufacturing industry.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides valuable insights into the health and productivity of the manufacturing sector, which is a key driver of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this manufacturing employment trend to gauge the strength of the industrial sector and make informed economic decisions.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical delay of one to two weeks.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (ILMFGN), retrieved from FRED.