Annual, Not Seasonally Adjusted
SMU17000004245200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.80
Year-over-Year Change
-3.08%
Date Range
1/1/1990 - 1/1/2021
Summary
This economic trend measures the annual, not seasonally adjusted employment levels in the U.S. manufacturing sector. It provides valuable insights into long-term employment patterns and trends in the American manufacturing industry.
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 manufacturing jobs in the United States on an annual basis, without adjusting for seasonal variations. This metric is widely used by economists and policymakers to analyze the health and performance of the manufacturing sector over time.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in manufacturing employment are closely monitored by economists, industry analysts, and policymakers to assess the state of the broader economy.
Key Facts
- Manufacturing employs over 12 million people in the U.S.
- Annual manufacturing employment has declined since the 1970s
- The sector experienced significant job losses during the Great Recession
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of manufacturing jobs in the United States on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: Trends in manufacturing employment provide valuable insights into the health and performance of the U.S. manufacturing sector, which is a key driver of economic growth and a focus of policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor manufacturing employment trends to assess the state of the broader economy and inform policy decisions related to trade, investment, and workforce development.
Q: Are there update delays or limitations?
A: The annual, not seasonally adjusted manufacturing employment data is published with a lag, typically several months after the end of the calendar year.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU17000004245200001A), retrieved from FRED.