All Employees: Manufacturing: Durable Goods in Illinois
Annual, Not Seasonally Adjusted
SMU17000003100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
328.40
Year-over-Year Change
-7.31%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic indicator measures the annual, not seasonally adjusted employment level in the United States. It provides insight into long-term employment trends that are crucial for economic analysis and policymaking.
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 employment series tracks the total number of employed persons in the U.S. economy on an annual basis, without adjusting for seasonal fluctuations. This provides a broader perspective on the overall employment picture compared to monthly or quarterly data.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this employment trend to assess the health of the labor market and inform economic policy decisions.
Key Facts
- The annual employment level in the U.S. reached a record high of 155.7 million in 2019.
- Employment levels declined sharply in 2020 due to the COVID-19 pandemic, before rebounding in 2021.
- The manufacturing sector accounts for a significant portion of total U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total number of employed persons in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: The annual, not seasonally adjusted employment data provides a broad perspective on long-term labor market trends, which is crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment trend to assess the overall health of the labor market and inform decisions on economic policies.
Q: Are there update delays or limitations?
A: The annual employment data is published with a relatively short delay, typically a few months after the end of the calendar year.
Related Trends
Housing Inventory: Median Home Size in Square Feet Year-Over-Year in Illinois
MEDSQUFEEYYIL
Chain-Type Quantity Index for Real GDP: Finance, Insurance, Real Estate, Rental, and Leasing (52, 53) in Illinois
ILFININSREALQGSP
Per Capita Personal Consumption Expenditures: Services: Recreation Services for Illinois
ILPCEPCSRECSRV
Chain-Type Quantity Index for Real GDP: Motor Vehicles, Bodies and Trailers, and Parts Manufacturing (3361-3363) in Illinois
ILMVEHMANQGSP
All Employees: Construction: Heavy and Civil Engineering Construction in Illinois
SMU17000002023700001
Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (334) in Illinois
ILCPUELCPMANQGSP
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU17000003100000001A), retrieved from FRED.