All Employees: Goods Producing in District of Columbia
SMS11000000600000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.90
Year-over-Year Change
1.92%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Goods Producing in District of Columbia' metric tracks the total number of employees in the goods-producing sector within the District of Columbia. This data provides insights into the strength and composition of the local economy.
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
This series measures the total number of employees in goods-producing industries, such as manufacturing, construction, and mining, within the District of Columbia. It offers an indicator of economic activity and the health of the local labor market in these key sectors.
Methodology
The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this metric to assess the economic conditions and employment trends in the District of Columbia.
Key Facts
- The goods-producing sector accounts for approximately 2% of total employment in the District of Columbia.
- Employment in the goods-producing sector has declined by 15% in the District of Columbia over the past decade.
- The construction industry is the largest component of the goods-producing sector in the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees in the goods-producing sector, including manufacturing, construction, and mining, within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength and composition of the local economy, offering a key indicator of economic activity and labor market health in the District of Columbia.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the economic conditions and employment trends in the District of Columbia, informing policy decisions and economic analyses.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a lag of approximately one month between the reference period and the release of the data.
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Citation
U.S. Federal Reserve, All Employees: Goods Producing in District of Columbia (SMS11000000600000001), retrieved from FRED.