All Employees: Durable Goods: Transportation Equipment Manufacturing in California
This dataset tracks all employees: durable goods: transportation equipment manufacturing in california over time.
Latest Value
156.20
Year-over-Year Change
41.23%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the transportation equipment manufacturing industry in California. It is an important indicator of economic activity and production capacity in this key sector.
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: Transportation Equipment Manufacturing in California series tracks the total number of workers employed in the manufacture of transportation equipment, such as automobiles, aircraft, and railway rolling stock, within the state of California. This metric provides insight into the health and growth of a vital component of the state's manufacturing base.
Methodology
The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, analysts, and industry participants to gauge the performance and outlook of California's transportation manufacturing sector.
Key Facts
- California is the largest state economy in the U.S.
- Transportation equipment is a key component of California's manufacturing base.
- Employment in this sector has fluctuated with economic and industry cycles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the transportation equipment manufacturing industry within the state of California.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and growth of a vital component of California's manufacturing sector, which is closely watched by policymakers, economists, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by policymakers, analysts, and industry participants to gauge the performance and outlook of California's transportation manufacturing sector, which is an important driver of the state's economy.
Q: Are there update delays or limitations?
A: The data is subject to regular revisions and may have some publication delays, but provides a reliable indicator of trends in California's transportation equipment manufacturing employment.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Transportation Equipment Manufacturing in California (SMU06000003133600001A), retrieved from FRED.