All Employees: Goods Producing in Indiana
SMS18000000600000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
692.30
Year-over-Year Change
-0.97%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Goods Producing in Indiana' trend measures the total number of employees in the goods-producing sector of Indiana's economy. This metric is important for economists and policymakers to gauge the health and productivity of the state's manufacturing and industrial base.
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 indicator tracks the employment level in Indiana's goods-producing industries, which include manufacturing, mining, and construction. It provides insight into the state's overall economic activity and can signal shifts in industrial production, investment, and business sentiment.
Methodology
The data is collected through surveys of Indiana businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in goods-producing employment are closely watched by analysts to assess Indiana's economic performance and competitiveness.
Key Facts
- Indiana is a major manufacturing hub, accounting for over 16% of the state's GDP.
- Goods-producing jobs make up nearly 20% of total employment in Indiana.
- Indiana's manufacturing sector has experienced steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Goods Producing in Indiana' trend measures the total number of jobs in Indiana's goods-producing industries, including manufacturing, mining, and construction.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and productivity of Indiana's industrial base, which is a key driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Indiana businesses and establishments 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 policymakers and analysts to assess Indiana's economic competitiveness and the potential impact of policy decisions on the state's manufacturing and industrial sectors.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis with a short delay, providing timely insight into the state's goods-producing employment.
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Citation
U.S. Federal Reserve, All Employees: Goods Producing in Indiana (SMS18000000600000001), retrieved from FRED.