All Employees: Manufacturing in Montana
MTMFG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.40
Year-over-Year Change
-5.99%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Manufacturing in Montana' data series tracks the number of people employed in the manufacturing sector across the state of Montana. This metric is closely watched by economists and policymakers to gauge the health and competitiveness of Montana's industrial base.
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 'All Employees: Manufacturing in Montana' data series is a key indicator of economic activity and employment in the state's manufacturing industry. It provides a snapshot of the size and composition of Montana's industrial workforce, which has important implications for the state's overall economic performance and productivity.
Methodology
The data is collected through monthly surveys of Montana businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in Montana manufacturing employment are used by government agencies, businesses, and analysts to inform economic policies, investment decisions, and strategic planning.
Key Facts
- Montana has over 23,000 manufacturing employees as of the latest data.
- Manufacturing accounts for about 5% of total employment in Montana.
- The state's manufacturing sector has seen modest growth in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Manufacturing in Montana' data series tracks the number of people employed in the manufacturing sector across the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to gauge the health and competitiveness of Montana's industrial base, which has important implications for the state's overall economic performance and productivity.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Montana businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in Montana manufacturing employment are used by government agencies, businesses, and analysts to inform economic policies, investment decisions, and strategic planning.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing in Montana (MTMFG), retrieved from FRED.