All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Indiana
SMU18000003133900001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.80
Year-over-Year Change
3.35%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of all employees in the miscellaneous durable goods manufacturing industry in Indiana. It provides insight into the health and activity of this important manufacturing sector within the state.
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: Miscellaneous Durable Goods Manufacturing in Indiana data series tracks the total employment levels in this specific manufacturing subsector. It is a key indicator of production capacity, economic output, and industry trends within Indiana's diverse manufacturing landscape.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is closely monitored by policymakers, analysts, and businesses to gauge the strength of Indiana's manufacturing base and broader economic conditions.
Key Facts
- Indiana is a major manufacturing hub in the U.S.
- Miscellaneous durable goods include a diverse range of products.
- Employment trends in this sector reflect broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the miscellaneous durable goods manufacturing industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health and activity of an important manufacturing sector in Indiana, which has implications for the broader state economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and businesses closely monitor this employment metric to gauge the strength of Indiana's manufacturing base and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates and revisions by the data source.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Indiana (SMU18000003133900001A), retrieved from FRED.