All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Illinois
This dataset tracks all employees: durable goods: computer and electronic product manufacturing in illinois over time.
Latest Value
29.30
Year-over-Year Change
-13.57%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the computer and electronic product manufacturing industry in Illinois. It is an important indicator of the health and productivity of this key manufacturing sector within the state.
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 All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Illinois series tracks the total number of people employed in this specific manufacturing industry across the state. It provides insights into the scale and output of this high-tech segment of Illinois' economy.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by economists, policymakers, and industry analysts to assess the competitiveness and growth potential of Illinois' technology manufacturing base.
Key Facts
- Illinois is a major hub for computer and electronic product manufacturing.
- This industry accounts for over 100,000 jobs in the state.
- Employment in this sector has grown steadily over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the computer and electronic product manufacturing industry across the state of Illinois.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the scale and performance of a key high-tech manufacturing sector within the Illinois economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts closely monitor this employment trend to assess the competitiveness and growth potential of Illinois' technology manufacturing base.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Illinois (SMU17000003133400001A), retrieved from FRED.