All Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Arizona
SMU04000003133400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.90
Year-over-Year Change
-3.97%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the durable goods manufacturing sector, specifically in the computer and electronic product manufacturing industry, within the state of Arizona. It provides insights into the health and dynamics of this key economic segment.
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: Computer and Electronic Product Manufacturing in Arizona series tracks the employment levels in this vital high-tech manufacturing industry, which is an important driver of economic growth and innovation in the state.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and industry analysts to assess the performance and competitiveness of Arizona's technology manufacturing sector.
Key Facts
- Arizona is a major hub for computer and electronic product manufacturing.
- This industry accounts for a significant portion of the state's manufacturing workforce.
- Employment levels in this sector can signal broader economic trends in Arizona.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the computer and electronic product manufacturing industry, a key component of Arizona's durable goods manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and competitiveness of Arizona's high-tech manufacturing industry, which is a critical driver of economic growth and innovation in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this trend to assess the performance and competitiveness of Arizona's technology manufacturing sector, informing economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a short delay in reporting, but it remains a reliable indicator of employment trends in this key Arizona industry.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Arizona (SMU04000003133400001), retrieved from FRED.