All Employees: Manufacturing: Non-Durable Goods in Arizona
SMU04000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.40
Year-over-Year Change
-3.13%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'All Employees: Manufacturing: Non-Durable Goods in Arizona' trend tracks employment levels in the non-durable goods manufacturing sector of Arizona's economy. This metric provides insight into the health and productivity 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
This series measures the total number of employees working in non-durable goods manufacturing establishments located in the state of Arizona. Non-durable goods include products that are consumed relatively quickly, such as food, beverages, and clothing. Monitoring this employment trend is crucial for understanding Arizona's industrial output and economic competitiveness.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to evaluate the performance of Arizona's manufacturing sector and its contribution to the state's overall economic growth.
Key Facts
- Arizona's non-durable goods manufacturing employs over 50,000 workers.
- This sector accounts for nearly 20% of the state's total manufacturing jobs.
- Employment in non-durable goods manufacturing has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in non-durable goods manufacturing establishments located in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this employment trend provides crucial insights into the health and productivity of Arizona's manufacturing industry, which is a key driver of the state's overall economic growth.
Q: How is this data collected or calculated?
A: The data is collected through monthly 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 evaluate the performance of Arizona's manufacturing sector and its contribution to the state's overall economic growth.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Arizona (SMU04000003200000001), retrieved from FRED.