All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Arkansas
Monthly, Not Seasonally Adjusted
SMU05000004300000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73.10
Year-over-Year Change
1.53%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the monthly, not seasonally adjusted average weekly hours worked in the Mining and Logging sector of the U.S. economy. It provides insights into labor market dynamics and productivity within this key 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 average weekly hours series tracks the average number of hours worked per week by employees in the Mining and Logging sector, without adjusting for seasonal variations. This data point is used by economists and policymakers to analyze labor market trends and workforce productivity in the natural resources and extraction industries.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is often used to inform economic and energy policy decisions.
Key Facts
- Mining and Logging account for approximately 0.5% of total U.S. employment.
- Average weekly hours in this sector have declined from over 45 in the 1980s to around 44 today.
- Hours worked are a key indicator of productivity and output in the natural resources industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly hours worked by employees in the U.S. Mining and Logging sector, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into labor market dynamics and productivity within the natural resources and extraction industries, which is important for economic and energy policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is often used by economists and policymakers to analyze labor market trends and workforce productivity in the Mining and Logging sector, which informs economic and energy policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU05000004300000001), retrieved from FRED.