Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Ireland
LFEAMNTTIEQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
286,600.00
Year-over-Year Change
0.39%
Date Range
4/1/1998 - 1/1/2025
Summary
This economic indicator tracks total employment in the manufacturing sector of Ireland. It provides valuable insights into the health and performance of Ireland's industrial production and economic activity.
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 Ireland measure represents the total number of people employed in the manufacturing industry in Ireland. This metric is closely watched by economists and policymakers as a barometer of the country's industrial output and overall economic conditions.
Methodology
The data is collected through household and establishment surveys conducted by the Irish Central Statistics Office.
Historical Context
This employment trend is a key input for assessing Ireland's manufacturing competitiveness and informing economic policy decisions.
Key Facts
- Ireland's manufacturing sector accounts for over 20% of GDP.
- Employment in Irish manufacturing has risen steadily since the 2008 recession.
- The manufacturing industry is a major driver of Ireland's export-oriented economy.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of people employed in the manufacturing sector of Ireland. It provides a snapshot of industrial activity and production in the Irish economy.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key indicator of economic health and competitiveness. Monitoring this trend helps policymakers and analysts assess the performance of Ireland's industrial base and inform economic decisions.
Q: How is this data collected or calculated?
A: The data is collected through household and establishment surveys conducted by the Irish Central Statistics Office.
Q: How is this trend used in economic policy?
A: Manufacturing employment figures are closely watched by Irish government and central bank officials. They use this indicator to gauge the strength of the industrial sector and inform policies aimed at supporting the country's export-driven economy.
Q: Are there update delays or limitations?
A: The data is published on an intra-annual basis, providing timely information on the manufacturing labor market. However, there may be lags in data collection and reporting that users should be aware of.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Ireland (LFEAMNTTIEQ647N), retrieved from FRED.