Quarterly, Seasonally Adjusted
MANMM101EEQ657S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.97
Year-over-Year Change
-813.96%
Date Range
4/1/1993 - 10/1/2010
Summary
This economic indicator measures quarterly, seasonally adjusted manufacturing employment in the United States. It provides insight into the health and trends of the manufacturing sector, which is a key driver of the broader economy.
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 Quarterly, Seasonally Adjusted manufacturing employment series tracks the number of people employed in the manufacturing industry in the U.S. on a quarterly basis, with seasonal adjustments to account for expected fluctuations. This data is used by economists and policymakers to assess the state of the manufacturing economy and inform decisions.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to gauge the strength of the manufacturing sector and its broader implications for the U.S. economy.
Key Facts
- Manufacturing employs over 12 million workers in the U.S.
- Manufacturing accounts for about 11% of U.S. GDP.
- The U.S. manufacturing sector has seen a gradual decline in employment over the past few decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly, seasonally adjusted number of people employed in the manufacturing industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of the U.S. manufacturing sector, which is a key driver of the broader economy. It is closely monitored by economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other economic institutions use this trend to assess the strength of the manufacturing sector and its implications for the overall U.S. economy, which informs their policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a short delay from the end of the reference period. There may be minor revisions to historical data as more complete information becomes available.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (MANMM101EEQ657S), retrieved from FRED.