Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Canada
LFEAMNTTCAQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,830,667.00
Year-over-Year Change
2.26%
Date Range
1/1/1987 - 4/1/2025
Summary
This economic trend measures total employment in the manufacturing sector of the Canadian economy, providing insight into the overall level of economic activity in this key industry.
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 Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Canada metric tracks the total number of people employed in Canada's manufacturing sector on a monthly basis. This data point is used by economists and policymakers to analyze the health and performance of the Canadian economy.
Methodology
The data is collected through surveys of Canadian businesses and households.
Historical Context
This manufacturing employment trend is closely watched by the Bank of Canada and other institutions to inform economic and monetary policy decisions.
Key Facts
- Canada's manufacturing sector employs over 1.7 million workers.
- Manufacturing accounts for over 10% of Canada's GDP.
- Employment in Canadian manufacturing has declined in recent decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the manufacturing sector of the Canadian economy.
Q: Why is this trend relevant for users or analysts?
A: This manufacturing employment data provides insight into the overall health and performance of the Canadian economy, which is crucial for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Canadian businesses and households.
Q: How is this trend used in economic policy?
A: The Bank of Canada and other institutions closely monitor this manufacturing employment trend to inform their economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is updated on a monthly basis, with a typical delay of several weeks between the reference period and the public release of the information.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Canada (LFEAMNTTCAQ647S), retrieved from FRED.