Infra-Annual Labor Statistics: Employment Male: From 15 to 64 Years for Finland
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEM64MAFIA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.59
Year-over-Year Change
N/A%
Date Range
1/1/1999 - 1/1/2022
Summary
This economic trend measures the year-over-year growth rate of employment in the manufacturing sector. It provides insight into the health and performance 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 Growth Rate Previous Period, Annual, Not Seasonally Adjusted indicator tracks the percentage change in manufacturing employment from one year to the next. It offers a high-level view of the expansion or contraction in this key economic sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers, economists, and industry analysts to assess the state of the manufacturing economy.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- The sector employs over 12 million workers nationwide.
- Manufacturing productivity has increased by over 50% since 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the year-over-year growth rate of employment in the U.S. manufacturing sector, providing insight into the performance and health of this key industry.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by policymakers, economists, and industry stakeholders as a barometer of manufacturing sector activity and the broader 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: Analysts and policymakers use this metric to assess the state of the manufacturing economy and inform decisions related to economic and industry policy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical one-month lag, and the not seasonally adjusted figures can be subject to seasonal fluctuations.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEM64MAFIA657N), retrieved from FRED.