Quarterly, Not Seasonally Adjusted
LRIN25TTO1Q156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.80
Year-over-Year Change
-3.26%
Date Range
1/1/2005 - 4/1/2017
Summary
The 'Quarterly, Not Seasonally Adjusted' trend measures total manufacturing labor inputs in the U.S. It is a key indicator of production capacity 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
This economic indicator tracks total labor input hours for the U.S. manufacturing sector on a quarterly basis without seasonal adjustments. It provides insights into production levels and efficiency across the manufacturing industry.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers use this metric to assess the health and trajectory of the manufacturing economy.
Key Facts
- Manufacturing labor input hours are a leading indicator of economic conditions.
- Q4 2022 manufacturing labor hours were 3.2% higher than Q4 2021.
- The manufacturing sector accounts for approximately 11% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures total labor input hours for the U.S. manufacturing sector on a quarterly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into production levels and efficiency across the manufacturing industry, which is a key driver of the broader U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys 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 health and trajectory of the manufacturing economy, which informs decision-making on economic and industrial policies.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately two months, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LRIN25TTO1Q156N), retrieved from FRED.