All Employees: Non-Durable Goods: Paper Manufacturing in Alabama
SMU01000003232200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.40
Year-over-Year Change
-3.39%
Date Range
1/1/2001 - 1/1/2024
Summary
The 'All Employees: Non-Durable Goods: Paper Manufacturing in Alabama' metric tracks employment levels in the paper manufacturing industry within the state of Alabama. This data point is a key indicator of economic activity and labor market conditions in a vital industrial 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
This series measures the total number of employees in Alabama's paper manufacturing industry, which produces a range of non-durable goods like paper, paperboard, and related products. It provides insight into the health and productivity of this important manufacturing segment within the state's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the performance and outlook of Alabama's manufacturing sector and make informed decisions.
Key Facts
- Alabama is a major paper-producing state.
- Paper manufacturing accounts for over 10,000 jobs in Alabama.
- This sector has seen stable employment levels in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees in the paper manufacturing industry within the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the health and productivity of an important manufacturing segment within Alabama's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the performance and outlook of Alabama's manufacturing sector and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with typical release delays of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Paper Manufacturing in Alabama (SMU01000003232200001A), retrieved from FRED.