All Employees: Manufacturing: Non-Durable Goods in Montana
SMS30000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
-4.76%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of non-durable goods manufacturing employees in Montana. It is an important indicator of the state's industrial activity and economic health.
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: Non-Durable Goods in Montana metric tracks the employment levels in non-durable manufacturing industries across the state, such as food, beverage, textile, and apparel production. This data is widely used by economists and policymakers to assess the strength of Montana's manufacturing sector.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in manufacturing employment are closely monitored by government agencies and market analysts for insights into the broader economic climate.
Key Facts
- Montana's non-durable manufacturing accounts for over 20% of the state's total industrial output.
- Employment in this sector has grown by 5% in the past 3 years.
- Food processing is the largest sub-industry within non-durable manufacturing in Montana.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in non-durable manufacturing industries located in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and direction of Montana'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 monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in manufacturing employment are closely monitored by government agencies and market analysts to assess the broader economic climate and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a 1-month lag, so there may be some delay in reflecting the most current employment figures.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Montana (SMS30000003200000001), retrieved from FRED.