All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Indiana
SMU18000003133200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.50
Year-over-Year Change
-1.42%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment levels in the durable goods manufacturing sector of the fabricated metal product industry in Indiana. It provides important insights into the state's manufacturing and industrial activity.
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: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Indiana metric tracks the number of individuals employed in this key manufacturing industry within the state. It is a valuable indicator of economic conditions and production capacity.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of Indiana's manufacturing sector and broader economic performance.
Key Facts
- Indiana is a major hub for fabricated metal product manufacturing.
- This industry accounts for over 10% of the state's total manufacturing employment.
- Employment levels in this sector are seen as a leading indicator of broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the durable goods manufacturing sector of the fabricated metal product industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and performance of a key manufacturing industry in Indiana, which is an important indicator of the state's broader economic conditions.
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: Policymakers, economists, and industry analysts closely monitor this trend to assess the state of Indiana's manufacturing sector and make informed decisions about economic policies and initiatives.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the Bureau of Labor Statistics, which may result in slight delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Indiana (SMU18000003133200001), retrieved from FRED.