Infra-Annual Labor Statistics: Employment Male: From 25 to 54 Years for Norway
Growth rate previous period, Annual, Seasonally Adjusted
LFEM25MANOA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.92
Year-over-Year Change
-615.60%
Date Range
1/1/2001 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate in total employment for the manufacturing sector, adjusted for seasonal variations. It provides a key indicator of the health and direction of the U.S. manufacturing 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 manufacturing employment growth rate is a widely tracked economic indicator that reflects the strength of the manufacturing sector. It is used by policymakers, analysts, and businesses to gauge the performance and outlook of the broader economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' monthly survey of employment at business establishments.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- Manufacturing employs over 12 million workers in the U.S.
- The manufacturing growth rate reached a high of 7.3% in 2021.
- The sector accounts for over 11% of total U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate in total employment for the U.S. manufacturing sector, adjusted for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment growth rate is a key indicator of the health and direction of the U.S. manufacturing industry, which is a critical component of the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' monthly survey of employment at business establishments.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of a few weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Seasonally Adjusted (LFEM25MANOA657S), retrieved from FRED.