Nondurable Manufacturing Earnings in Nebraska
NEENON • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,904,417.00
Year-over-Year Change
11.50%
Date Range
1/1/1998 - 1/1/2025
Summary
The Nondurable Manufacturing Earnings in Nebraska measures the average weekly earnings for workers in the nondurable manufacturing sector within the state. This metric provides insight into the economic conditions and labor market trends in this important industry.
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
Nondurable manufacturing encompasses industries that produce goods meant for immediate or short-term consumption, such as food, beverages, and textiles. Tracking earnings in this sector helps economists and policymakers assess the strength of Nebraska's manufacturing base and broader economic health.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Nondurable manufacturing earnings are a key indicator used to inform economic and workforce development policies in Nebraska.
Key Facts
- Nebraska is a major producer of food, chemicals, and other nondurable goods.
- Nondurable manufacturing accounts for over 20% of Nebraska's total GDP.
- Earnings in this sector have grown by 3.2% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Nondurable Manufacturing Earnings in Nebraska metric tracks the average weekly earnings of workers in the state's nondurable goods manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the economic conditions and labor market trends within an important manufacturing industry in Nebraska.
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: Nondurable manufacturing earnings are a key indicator used to inform economic and workforce development policies in Nebraska.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 month delay.
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Citation
U.S. Federal Reserve, Nondurable Manufacturing Earnings in Nebraska (NEENON), retrieved from FRED.