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Monthly, Not Seasonally Adjusted

SMU01000005051700001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.90

Year-over-Year Change

-5.48%

Date Range

1/1/1990 - 7/1/2025

Summary

This economic indicator tracks monthly, not seasonally adjusted employment in the private manufacturing sector in the United States. It provides insights into the current state of the U.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 monthly, not seasonally adjusted employment in private manufacturing represents the number of workers employed in the manufacturing sector of the U.S. economy, without adjustments for typical seasonal variations. This metric is used by economists and policymakers to monitor the health and trends in the manufacturing industry.

Methodology

The data is collected through surveys of U.S. businesses by the Bureau of Labor Statistics.

Historical Context

This indicator is closely watched as a signal of the broader economic conditions and labor market trends.

Key Facts

  • The U.S. manufacturing sector employs over 12 million workers.
  • Manufacturing accounts for approximately 11% of total U.S. GDP.
  • The manufacturing industry has seen both growth and decline in recent decades.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the monthly, not seasonally adjusted employment in the private manufacturing sector of the U.S. economy.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the current state and recent trends in the U.S. manufacturing industry, which is an important component of the broader economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys of U.S. businesses conducted by the Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: This indicator is closely monitored by economists, policymakers, and market analysts as a signal of broader economic conditions and labor market trends.

Q: Are there update delays or limitations?

A: There may be delays in the release of this data, and the not seasonally adjusted nature of the metric should be considered when interpreting the results.

Similar SMU Trends

Citation

U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU01000005051700001), retrieved from FRED.