All Employees: Manufacturing: Durable Goods in North Carolina
SMS37000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
239.50
Year-over-Year Change
-3.00%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of manufacturing employees in the durable goods sector in North Carolina. It provides insight into the strength and resilience of the state's 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 North Carolina metric tracks the employment level in the durable goods manufacturing sector, which includes industries that produce long-lasting products. This data point is a key indicator of the health and competitiveness of North Carolina's manufacturing base.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to assess the state's industrial production capacity and make informed decisions about economic development strategies.
Key Facts
- North Carolina is a major manufacturing hub in the Southeast U.S.
- Durable goods account for over 50% of the state's total manufacturing output.
- Employment in this sector has fluctuated due to global trade and technological changes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the durable goods manufacturing sector in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and resilience of North Carolina'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 employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to assess the state's industrial production capacity and make informed decisions about economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to revisions and may have a delay of several months between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in North Carolina (SMS37000003100000001), retrieved from FRED.