Annual, Not Seasonally Adjusted
SMU09000004244800001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
-35.83%
Date Range
1/1/1990 - 1/1/2021
Summary
This economic trend measures the annual, not seasonally adjusted manufacturing employment level in the United States. It provides insight into the long-term trends and patterns in the U.S. manufacturing 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 Annual, Not Seasonally Adjusted manufacturing employment series tracks the total number of people employed in the manufacturing industry in the U.S. on an annual, unadjusted basis. This metric is widely used by economists and policymakers to analyze the health and dynamics of the American manufacturing sector.
Methodology
The data is collected through surveys of U.S. businesses conducted by the Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding broader economic conditions and informing policy decisions related to the manufacturing industry.
Key Facts
- The U.S. manufacturing sector employed over 12.8 million workers in 2022.
- Manufacturing accounts for approximately 8% of total U.S. employment.
- Annual manufacturing employment has declined by over 30% since the 1970s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the manufacturing industry in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the long-term health and dynamics of the U.S. manufacturing sector, which is a key driver of economic growth and a focus of policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze the state of the manufacturing industry and inform decisions related to economic policy, trade, and workforce development.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU09000004244800001A), retrieved from FRED.