All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Alabama
SMU01000003133500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.80
Year-over-Year Change
1.49%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the Electrical Equipment, Appliance, and Component Manufacturing industry in Alabama. It provides insight into the strength and growth of this critical manufacturing sector.
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: Electrical Equipment, Appliance, and Component Manufacturing in Alabama series tracks the total employment in this industry, which produces a wide range of products including electric motors, generators, household appliances, and other electrical components. This data is used to analyze the health and dynamics of Alabama's manufacturing economy.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, economists, and industry analysts to gauge the performance and competitiveness of Alabama's manufacturing sector.
Key Facts
- Alabama is a major center for electrical equipment and appliance manufacturing.
- This industry employs over 20,000 people in the state.
- Employment levels have remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the Electrical Equipment, Appliance, and Component Manufacturing industry in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the strength and competitiveness of a key manufacturing sector in Alabama's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this employment trend to gauge the performance and competitiveness of Alabama's manufacturing sector.
Q: Are there update delays or limitations?
A: The data is published monthly with minimal delays, providing timely insights into this industry's employment levels.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Alabama (SMU01000003133500001SA), retrieved from FRED.