Value of Total Wholesale Trade sales for Finland
Quarterly, Seasonally Adjusted
SLWHTO02FIQ661S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
111.51
Year-over-Year Change
5.92%
Date Range
1/1/1985 - 10/1/2017
Summary
The Quarterly, Seasonally Adjusted trend measures the average weekly hours worked in the manufacturing sector of the U.S. economy. This metric is a key indicator of labor market conditions and production capacity.
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 trend tracks the average number of hours worked per week by manufacturing employees. It is used by economists and policymakers to assess labor market strength, production capabilities, and overall economic activity.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in manufacturing hours worked can inform decisions around monetary and fiscal policy.
Key Facts
- The series has been published since 1964.
- The all-time high was 42.7 hours in 1997.
- Manufacturing hours dropped sharply during the Great Recession.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted trend measures the average weekly hours worked by employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor market conditions, production capacity, and overall economic activity in the manufacturing industry.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in manufacturing hours worked can inform decisions around monetary and fiscal policy for central banks and governments.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (SLWHTO02FIQ661S), retrieved from FRED.