All Employees: Manufacturing: Durable Goods: Nonmetallic Mineral Product Manufacturing in Illinois
Seasonally Adjusted
SMU17000003132700001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.62
Year-over-Year Change
-9.78%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures non-farm employment in the state of New York, adjusted for seasonal variations. This metric is a key indicator of economic health and labor market trends.
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 Seasonally Adjusted series provides a more accurate representation of employment levels by removing the effects of recurring seasonal patterns, such as holiday hiring and weather-related factors. It is a widely used benchmark for evaluating the strength of the labor market and informing economic policy decisions.
Methodology
The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this series to assess the overall health of the economy and make informed decisions.
Key Facts
- New York's non-farm employment level is over 9 million workers.
- The Seasonally Adjusted series helps identify underlying employment trends.
- This metric is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures non-farm employment in the state of New York, with the effects of seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more accurate representation of the labor market, allowing for better evaluation of economic health and informed policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this series to assess the overall health of the economy and make informed decisions.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted series is released monthly, with a typical delay of one to two months from the reference period.
Related Trends
Real Gross Domestic Product: Natural Resources and Mining (11, 21) in Illinois
ILNATRESMINRGSP
Median Household Income in Illinois
MEHOINUSILA646N
All Employees: Financial Activities: Financial Investments and Related Activities Including Financial Vehicles in Illinois
SMU17000005552300001SA
Real Per Capita Personal Income for Illinois
ILRPIPC
Gross Domestic Product: Retail Trade (44-45) in Illinois
ILRETAILNQGSP
Personal Consumption Expenditures: Nondurable Goods: Other Nondurable Goods for Illinois
ILPCEONDURG
Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU17000003132700001SA), retrieved from FRED.