Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Connecticut
SMU09000003100000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
69.50
Year-over-Year Change
-3.07%
Date Range
1/1/2001 - 7/1/2025
Summary
This trend measures the number of production or nonsupervisory employees in the durable goods manufacturing sector in the state of Connecticut. It provides insights into labor market conditions and manufacturing activity in the state.
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 Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Connecticut metric tracks the number of non-managerial workers in Connecticut's durable goods manufacturing industries. This data point is a key indicator of manufacturing sector health and labor market trends in the state.
Methodology
The data is collected through surveys of manufacturing establishments in Connecticut.
Historical Context
This indicator is used by economists, policymakers, and businesses to assess the strength of Connecticut's manufacturing industry and broader economic conditions.
Key Facts
- Connecticut is a major hub for durable goods manufacturing.
- Durable goods account for over 50% of the state's total manufacturing output.
- Employment in this sector has fluctuated with broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of production or nonsupervisory 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 provides insights into the health and activity 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 manufacturing establishments in Connecticut.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the strength of Connecticut's manufacturing sector and broader economic conditions in the state.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Connecticut (SMU09000003100000006), retrieved from FRED.