All Employees: Manufacturing: Durable Goods in Connecticut
SMU09000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
120.30
Year-over-Year Change
-2.59%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of manufacturing employees in the durable goods sector in the state of Connecticut. It is an important indicator of the health and productivity of Connecticut's manufacturing 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 All Employees: Manufacturing: Durable Goods in Connecticut metric tracks the total number of employees working in durable goods manufacturing in the state. Durable goods are products designed to last a significant period of time, such as motor vehicles, machinery, and electronics. This data point is used to assess the strength and growth of Connecticut's manufacturing sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to understand economic conditions and make informed decisions about supporting Connecticut's manufacturing industry.
Key Facts
- Connecticut is a major hub for durable goods manufacturing.
- Durable goods account for over 30% of Connecticut's total manufacturing employment.
- Manufacturing is one of the largest private-sector industries in Connecticut.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the durable goods manufacturing sector in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of the health and growth of Connecticut's manufacturing industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business 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 understand economic conditions and make informed decisions about supporting Connecticut's manufacturing sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 month delay.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in Connecticut (SMU09000003100000001), retrieved from FRED.