All Employees: Goods Producing in Arizona
SMS04000000600000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
433.20
Year-over-Year Change
-0.21%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Goods Producing in Arizona' economic trend measures the total number of people employed in the goods-producing sector in the state of Arizona. This metric is closely watched by economists and policymakers to gauge the health of the state's manufacturing and construction industries.
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 goods-producing sector includes industries like manufacturing, mining, and construction. Monitoring employment in this sector provides insight into broader economic activity and business investment. The 'All Employees: Goods Producing in Arizona' data is a key indicator of the state's industrial performance.
Methodology
This data is collected through monthly surveys of Arizona businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in goods-producing employment are analyzed by government agencies, businesses, and investors to inform economic policy decisions and investment strategies.
Key Facts
- Arizona's goods-producing sector accounts for over 300,000 jobs.
- Manufacturing is the largest component, making up about 60% of goods-producing employment.
- Goods-producing jobs have seen steady growth in Arizona since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Goods Producing in Arizona' metric tracks the total number of people employed in the goods-producing industries within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: Monitoring employment in the goods-producing sector provides valuable insight into the overall health and direction of Arizona's manufacturing, mining, and construction industries, which are key drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Arizona businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in goods-producing employment are closely watched by government agencies, businesses, and investors to inform economic policy decisions and investment strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of around one month between the reference period and the publication date.
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Citation
U.S. Federal Reserve, All Employees: Goods Producing in Arizona (SMS04000000600000001), retrieved from FRED.