All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Indiana
SMU18000003133400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.40
Year-over-Year Change
-26.19%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the computer and electronic product manufacturing industry in Indiana. It provides insights into the state's technology manufacturing sector and economic conditions.
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: Durable Goods: Computer and Electronic Product Manufacturing in Indiana trend tracks the total number of employees in this key manufacturing industry within the state. It is an important indicator of economic activity, technological innovation, and employment trends in Indiana's technology manufacturing base.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by policymakers, economists, and industry analysts to assess the strength of Indiana's technology manufacturing economy.
Key Facts
- Indiana is a major hub for computer and electronic product manufacturing.
- This industry accounts for a significant portion of the state's total manufacturing employment.
- Trends in this metric can signal shifts in Indiana's technology-driven economic landscape.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the computer and electronic product manufacturing industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and performance of Indiana's technology manufacturing sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses 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 metric to assess the health of Indiana's technology manufacturing economy and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to regular updates and revisions by the U.S. Bureau of Labor Statistics, with potential lags in reporting.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Indiana (SMU18000003133400001A), retrieved from FRED.