Infra-Annual Labor Statistics: Employment Male: 15 Years or over for Switzerland
Growth rate previous period, Annual, Not Seasonally Adjusted
LFEMTTMACHA657N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.82
Year-over-Year Change
-221.88%
Date Range
1/1/2006 - 1/1/2022
Summary
This metric measures the annual growth rate of employment in the U.S. manufacturing sector. It provides insights into the overall health and dynamics of the 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 series tracks the year-over-year change in total employment in the U.S. manufacturing sector. This metric is a key indicator of economic activity and can signal emerging trends in production, investment, and consumer demand.
Methodology
This data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly surveys of employers.
Historical Context
Economists and policymakers closely monitor this metric to assess the strength of the manufacturing sector and inform economic policy decisions.
Key Facts
- The average annual growth rate of U.S. manufacturing employment over the past decade was 0.4%.
- Manufacturing accounts for around 11% of total U.S. employment.
- The manufacturing sector is a key driver of economic output and productivity.
FAQs
Q: What does this economic trend measure?
A: This metric measures the annual growth rate of total employment in the U.S. manufacturing sector, providing insights into the performance and dynamics of the manufacturing industry.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing employment growth rate is a key indicator of economic activity and can signal emerging trends in production, investment, and consumer demand, making it highly relevant for economists, policymakers, and industry analysts.
Q: How is this data collected or calculated?
A: This data is collected and calculated by the U.S. Bureau of Labor Statistics through monthly surveys of employers.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this metric to assess the strength of the manufacturing sector and inform economic policy decisions, such as those related to trade, investment, and workforce development.
Q: Are there update delays or limitations?
A: The manufacturing employment growth data is released on a monthly basis, with a typical lag of one to two months between the reference period and the publication of the data.
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Citation
U.S. Federal Reserve, Growth rate previous period, Annual, Not Seasonally Adjusted (LFEMTTMACHA657N), retrieved from FRED.