Average Weekly Hours of All Employees: Goods Producing in Delaware
SMU10000000600000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.70
Year-over-Year Change
3.38%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Hours of All Employees: Goods Producing in Delaware measures the average number of hours worked per week by employees in the goods-producing sector in the state of Delaware. This trend is an important indicator of economic activity and labor market conditions.
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
This series tracks the average number of hours worked per week by employees in industries such as manufacturing, construction, and mining in Delaware. It provides insights into the intensity of economic production and can be used to assess business cycle changes and labor market dynamics.
Methodology
The data is collected through surveys of businesses and establishments in Delaware.
Historical Context
Policymakers and analysts use this trend to evaluate the health of the Delaware economy and make informed decisions.
Key Facts
- The series dates back to 1939.
- Delaware's goods-producing sector includes manufacturing, construction, and mining.
- Average weekly hours provide insight into labor utilization and productivity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by employees in the goods-producing sector in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the intensity of economic production and can be used to assess business cycle changes and labor market dynamics in Delaware.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Delaware.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to evaluate the health of the Delaware economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is updated monthly and may be subject to revisions.
Related Trends
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Real Gross Domestic Product: Manufacturing (31-33) in Delaware
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Real Gross Domestic Product: Natural Resources and Mining (11, 21) in Delaware
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Personal Consumption Expenditures: Nondurable Goods for Delaware
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Commercial Carbon Dioxide Emissions, Distillate Fuel for Delaware
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Spliced Business Formations Within Eight Quarters: Total for All NAICS in Delaware
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Goods Producing in Delaware (SMU10000000600000002), retrieved from FRED.