Annual, Not Seasonally Adjusted
MANMM101EEA657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.90
Year-over-Year Change
-374.56%
Date Range
1/1/1994 - 1/1/2010
Summary
This economic trend measures manufacturing employment in the United States on an annual, not seasonally adjusted basis. It provides important insights into labor market dynamics within the manufacturing sector.
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 Annual, Not Seasonally Adjusted manufacturing employment series tracks the total number of workers employed in U.S. manufacturing industries over the course of a year without adjusting for typical seasonal fluctuations. This helps economists and policymakers understand long-term trends in the manufacturing labor force.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is widely used to assess the health and competitiveness of the U.S. manufacturing industry.
Key Facts
- U.S. manufacturing employment peaked in 1979 at over 19 million workers.
- Manufacturing now accounts for under 9% of total U.S. employment.
- The COVID-19 pandemic led to a sharp decline in manufacturing jobs in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of workers employed in U.S. manufacturing industries on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into long-term labor market dynamics within the manufacturing sector, which is crucial for assessing the health and competitiveness of U.S. manufacturing.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and market analysts to assess the strength and competitiveness of the U.S. manufacturing industry.
Q: Are there update delays or limitations?
A: There may be delays in the release of this annual, non-seasonally adjusted data compared to more frequently updated manufacturing employment statistics.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (MANMM101EEA657S), retrieved from FRED.