All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Indiana
SMU18000003133300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.38
Year-over-Year Change
-1.78%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic indicator tracks the total number of employees in the machinery manufacturing industry within the durable goods manufacturing sector in Indiana. It provides insights into the state's industrial production and economic 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: Machinery Manufacturing in Indiana metric represents the seasonally adjusted number of workers employed in the machinery manufacturing subsector of the durable goods manufacturing industry located in the state of Indiana. This data point is used by economists and policymakers to assess the health and trends within Indiana's industrial base.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding Indiana's manufacturing competitiveness and the broader economic conditions in the state.
Key Facts
- Indiana is a major hub for durable goods manufacturing.
- Machinery manufacturing accounts for a significant portion of the state's industrial base.
- Employment trends in this sector reflect the broader economic conditions in Indiana.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employees in the machinery manufacturing industry, which is a subset of the durable goods manufacturing sector, located within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insights into the health and competitiveness of Indiana's industrial base, which is an important driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the strength of Indiana's manufacturing sector and inform decisions related to economic development, workforce planning, and industrial policy.
Q: Are there update delays or limitations?
A: The data is subject to the typical release schedule and revisions of the U.S. Bureau of Labor Statistics' establishment survey program.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Indiana (SMU18000003133300001SA), retrieved from FRED.