All Employees: Manufacturing: Durable Goods in Arizona
SMS04000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144.70
Year-over-Year Change
-2.30%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of manufacturing employees in the durable goods sector in the state of Arizona. It provides insight into the health and activity of the Arizona manufacturing 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
The All Employees: Manufacturing: Durable Goods in Arizona metric tracks the total employment in Arizona's durable goods manufacturing sector. This data is a key indicator of the state's industrial production and economic vitality.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the performance of Arizona's manufacturing base.
Key Facts
- Arizona is a major hub for durable goods manufacturing.
- Manufacturing accounts for over 10% of Arizona's GDP.
- Durable goods production is a key driver of the state's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the durable goods manufacturing sector in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of Arizona's manufacturing industry, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts to assess the performance of Arizona's manufacturing base and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a slight delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in Arizona (SMS04000003100000001), retrieved from FRED.