Infra-Annual Labor Statistics: Labor Force Male: From 15 to 24 Years for Ireland
Quarterly, Seasonally Adjusted
LFAC24MAIEQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
191,336.30
Year-over-Year Change
6.80%
Date Range
4/1/1999 - 1/1/2025
Summary
This series measures the quarterly, seasonally adjusted employment level in the U.S. manufacturing sector, providing insights into the health and dynamics of the broader economy.
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 Quarterly, Seasonally Adjusted employment level in the U.S. manufacturing sector is a key economic indicator that reflects the overall production and labor demand within the manufacturing industry. It is widely used by economists, policymakers, and market analysts to assess the state of the economy and inform decision-making.
Methodology
The data is collected and reported by the U.S. Bureau of Labor Statistics through its monthly establishment survey.
Historical Context
Trends in manufacturing employment are closely monitored by the Federal Reserve and other government agencies to gauge the strength of the economy and inform monetary and fiscal policy decisions.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing accounts for approximately 11% of total U.S. GDP.
- Quarterly employment data is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: This series measures the quarterly, seasonally adjusted employment level in the U.S. manufacturing sector, providing insights into production and labor demand within the industry.
Q: Why is this trend relevant for users or analysts?
A: Trends in manufacturing employment are closely monitored by economists, policymakers, and market analysts as a key indicator of the overall health and direction of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Bureau of Labor Statistics through its monthly establishment survey.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other government agencies closely track manufacturing employment trends to inform monetary and fiscal policy decisions aimed at promoting economic growth and stability.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a typical lag of one to two months from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFAC24MAIEQ647S), retrieved from FRED.