All Employees: Durable Goods: Electronic Computer Manufacturing in California
This dataset tracks all employees: durable goods: electronic computer manufacturing in california over time.
Latest Value
23.90
Year-over-Year Change
-29.71%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the electronic computer manufacturing industry in California. It is an important indicator of the state's high-tech manufacturing activity and economic competitiveness.
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: Durable Goods: Electronic Computer Manufacturing in California metric tracks the number of people employed in the production of electronic computers and computer equipment within the state. This data point offers insights into the strength and growth of California's tech manufacturing sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, investors, and industry analysts to gauge California's economic performance and competitiveness in the technology industry.
Key Facts
- California is the largest technology hub in the United States.
- Electronic computer manufacturing is a key part of the state's economy.
- Employment in this sector has seen both growth and decline over time.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the production of electronic computers and computer equipment within the state of California.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and growth of California's tech manufacturing sector, which is a critical component of the state's economy.
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: This trend is closely watched by policymakers, investors, and industry analysts to gauge California's economic performance and competitiveness in the technology industry.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Electronic Computer Manufacturing in California (SMU06000003133411101A), retrieved from FRED.