All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Connecticut
SMU09000003133400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.10
Year-over-Year Change
-22.90%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the computer and electronic product manufacturing industry in Connecticut. It provides insights into the labor market dynamics of this key high-tech 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: Computer and Electronic Product Manufacturing in Connecticut series tracks the number of people employed in this industry within the state. It is an important indicator of economic activity and productivity in a major technology hub.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, industry analysts, and investors to assess the health of Connecticut's technology manufacturing ecosystem.
Key Facts
- Connecticut is a hub for computer and electronic product manufacturing.
- This industry accounts for a significant portion of the state's economy.
- Employment trends in this sector can signal broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the computer and electronic product manufacturing industry within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and dynamics of a key high-tech sector in Connecticut, which is an important economic indicator for policymakers, industry analysts, and investors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of 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 to assess the performance of Connecticut's technology manufacturing ecosystem and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with potential delays due to the survey collection process.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Connecticut (SMU09000003133400001A), retrieved from FRED.