Average Weekly Hours of Production Employees: Manufacturing in Indiana
SMU18000003000000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.60
Year-over-Year Change
6.39%
Date Range
1/1/2001 - 7/1/2025
Summary
The Average Weekly Hours of Production Employees: Manufacturing in Indiana measures the average number of hours worked per week by manufacturing production workers in the state of Indiana. This metric provides insight into the employment and productivity of the Indiana 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
This economic indicator tracks the average weekly hours logged by production employees in Indiana's manufacturing industry. It is a useful metric for analyzing labor market conditions, productivity trends, and the overall health of the state's manufacturing sector.
Methodology
The data is collected through a monthly survey of manufacturing establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this indicator to monitor the activity and output of Indiana's manufacturing industry and its broader economic implications.
Key Facts
- Indiana's manufacturing sector accounts for over 17% of the state's GDP.
- In 2022, the average weekly hours for Indiana manufacturing production workers was 41.1 hours.
- Manufacturing is the second-largest employment sector in Indiana, accounting for over 17% of total jobs.
FAQs
Q: What does this economic trend measure?
A: The Average Weekly Hours of Production Employees: Manufacturing in Indiana measures the average number of hours worked per week by manufacturing production workers in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the employment and productivity of Indiana's manufacturing sector, which is a crucial component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of manufacturing establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this indicator to monitor the activity and output of Indiana's manufacturing industry and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of approximately 4 weeks.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing in Indiana (SMU18000003000000007), retrieved from FRED.