Production or Nonsupervisory Employees: Manufacturing in Arkansas
Annual, Not Seasonally Adjusted
SMU05000003000000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.20
Year-over-Year Change
2.95%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment levels in the United States. It provides important insights into long-term employment patterns and workforce dynamics.
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 Annual, Not Seasonally Adjusted employment series tracks the total number of individuals employed in the U.S. on an annual basis, without adjusting for seasonal fluctuations. This metric offers a more comprehensive view of underlying employment trends compared to monthly or quarterly data.
Methodology
The data is collected through the Current Population Survey (CPS), a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Historical Context
This annual employment trend is widely used by economists, policymakers, and market analysts to assess the overall health and growth of the U.S. labor market.
Key Facts
- Annual employment data is less volatile than monthly figures.
- The not seasonally adjusted series captures natural employment fluctuations.
- This trend provides a comprehensive view of long-term labor market trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment levels in the United States, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment data provides valuable insights into the underlying trends and dynamics of the U.S. labor market, which is a key indicator of economic health.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey (CPS), a joint effort between the U.S. Census Bureau and the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This annual employment trend is widely used by economists, policymakers, and market analysts to assess the overall health and growth of the U.S. labor market, which informs economic and policy decisions.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted employment data is released with a relatively short delay, providing timely insights into long-term labor market trends.
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Leading Index for Arkansas
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Average Hourly Earnings of Production Employees: Manufacturing: Durable Goods in Arkansas
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Personal Consumption Expenditures: Goods: Durable Goods for Arkansas
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Total Personal Income in Arkansas
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State Unemployment Benefits in Arkansas
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU05000003000000006A), retrieved from FRED.