Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods: Food Manufacturing in Illinois
SMU17000003231100007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.60
Year-over-Year Change
-2.08%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked by production employees in the food manufacturing industry in Illinois. It provides insights into labor utilization and productivity within this key manufacturing sector.
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 Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods: Food Manufacturing in Illinois metric tracks the average number of hours worked per week by production workers in the food manufacturing industry across the state. It is a key indicator of labor market conditions and capacity utilization in this important manufacturing subsector.
Methodology
The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and industry analysts to monitor labor market dynamics and production capacity in the Illinois food manufacturing industry.
Key Facts
- The series dates back to 1990.
- Food manufacturing is a major industry in Illinois.
- Trends in weekly hours can signal changes in production and labor demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by production employees in the food manufacturing industry in Illinois.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor utilization and productivity within the important food manufacturing sector, which is a key industry in Illinois.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this trend to monitor labor market dynamics and production capacity in the Illinois food manufacturing industry.
Q: Are there update delays or limitations?
A: The data is published on a regular monthly schedule with minimal delays.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods: Food Manufacturing in Illinois (SMU17000003231100007), retrieved from FRED.