Infra-Annual Labor Statistics: Labor Force Participation Rate Male: From 25 to 54 Years for Switzerland
Annual, Seasonally Adjusted
LRAC25MACHA156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
93.78
Year-over-Year Change
-1.45%
Date Range
1/1/2005 - 1/1/2024
Summary
The 'Annual, Seasonally Adjusted' metric measures the labor productivity of the manufacturing sector in the United States. This statistic is a key indicator of economic growth and competitiveness.
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
This series tracks the annual change in output per hour for the U.S. manufacturing industry, adjusted for seasonal variations. Productivity growth is a crucial driver of long-term economic prosperity and living standards.
Methodology
The data is collected through surveys of businesses and calculated using formulas approved by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts closely monitor manufacturing productivity to assess the health of the industrial economy and guide decisions on economic and trade policy.
Key Facts
- Manufacturing accounts for 11% of U.S. GDP.
- Productivity grew 1.5% annually from 2010-2019.
- The U.S. ranks 10th globally in manufacturing productivity.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the annual change in output per hour for the U.S. manufacturing sector, accounting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing productivity is a key indicator of economic competitiveness and a driver of long-term prosperity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and calculated using formulas approved by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor manufacturing productivity to assess the health of the industrial economy and guide decisions on economic and trade policy.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a short delay to allow for collection and processing.
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Citation
U.S. Federal Reserve, Annual, Seasonally Adjusted (LRAC25MACHA156S), retrieved from FRED.