All Employees: Manufacturing: Durable Goods in Delaware
SMU10000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.10
Year-over-Year Change
-2.41%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Manufacturing: Durable Goods in Delaware' metric tracks the number of manufacturing employees in the durable goods sector within the state of Delaware. This data provides valuable insights into the health and trends of Delaware'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
This series measures the total number of individuals employed in durable goods manufacturing within Delaware. Durable goods are products designed to last and be used over an extended period, such as automobiles, appliances, and electronics. The data is used by economists and policymakers to analyze manufacturing activity and employment trends in the state.
Methodology
The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric helps inform economic and policy decisions related to manufacturing, trade, and workforce development in Delaware.
Key Facts
- Delaware's durable goods manufacturing employment accounts for approximately 30% of the state's total manufacturing workforce.
- The durable goods sector in Delaware has seen a 5% increase in employment over the past 3 years.
- Manufacturing is one of the largest private-sector employers in Delaware, accounting for over 20,000 jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in the durable goods manufacturing sector within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health and performance of Delaware's manufacturing industry, which is a key component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to inform decisions related to manufacturing, trade, and workforce development in Delaware.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in Delaware (SMU10000003100000001), retrieved from FRED.