All Employees: Financial Activities: Finance and Insurance in Hawaii
Monthly, Not Seasonally Adjusted
SMU15000005552000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.60
Year-over-Year Change
0.65%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Not Seasonally Adjusted data series measures average weekly hours worked in the manufacturing sector in the United States. This metric provides insight into the intensity of industrial activity and labor utilization.
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 monthly, non-seasonally adjusted data series from the U.S. Bureau of Labor Statistics tracks the average number of hours worked per week by production and nonsupervisory employees in the manufacturing industry. It is a key indicator of economic health and labor market conditions.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists and policymakers to assess the strength of the industrial economy and overall labor market.
Key Facts
- Average manufacturing workweek was 40.3 hours in January 2023.
- Manufacturing hours peaked at 42.1 in June 2021 during the pandemic recovery.
- Manufacturing hours tend to be more volatile than the overall labor market.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the average number of hours worked per week by production and nonsupervisory employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: The manufacturing workweek is a key indicator of industrial activity and labor market conditions, providing insight into the intensity of production and utilization of the workforce.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this metric to assess the health of the industrial economy and make informed decisions about monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months. It does not provide information on specific industries or regional variations within the manufacturing sector.
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Citation
U.S. Bureau of Labor Statistics, Monthly, Not Seasonally Adjusted (SMU15000005552000001), retrieved from FRED.