Average Weekly Hours of Production Employees: Manufacturing in Arkansas
SMU05000003000000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.60
Year-over-Year Change
-0.26%
Date Range
1/1/2001 - 6/1/2025
Summary
The 'Average Weekly Hours of Production Employees: Manufacturing in Arkansas' measures the average weekly hours worked by manufacturing production employees in the state. This indicator provides insight into labor utilization and productivity trends in Arkansas manufacturing.
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 economic series tracks the average number of hours worked per week by production employees in the manufacturing sector of Arkansas. It is a key gauge of labor demand and can signal changes in business activity, labor market conditions, and overall economic performance in the state.
Methodology
The data is collected through monthly surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health and outlook of Arkansas' manufacturing industry and broader economy.
Key Facts
- Arkansas manufacturing produces over $16 billion in goods annually.
- The state has over 160,000 manufacturing jobs, 12% of total employment.
- Average weekly hours have remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average number of hours worked per week by production employees in the manufacturing sector of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into labor utilization and productivity trends in Arkansas manufacturing, which is a key industry and economic driver for the state.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing 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 health and outlook of Arkansas' manufacturing industry and broader economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing in Arkansas (SMU05000003000000007), retrieved from FRED.