All Employees: Retail Trade: Building Material and Garden Equipment and Supplies Dealers in Indiana
Annual, Not Seasonally Adjusted
SMU18000004244400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.10
Year-over-Year Change
10.31%
Date Range
1/1/2003 - 1/1/2024
Summary
The 'Annual, Not Seasonally Adjusted' economic trend measures the total annual employment in the U.S. manufacturing sector, providing insights into the overall health and productivity of the nation's industrial base.
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 annual, non-seasonally adjusted data series tracks the total number of employees across the entire U.S. manufacturing industry. It is a key indicator of the sector's output, capacity, and economic contribution.
Methodology
The data is collected through monthly employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Manufacturers, policymakers, and analysts closely monitor this trend to assess the strength of the domestic manufacturing economy.
Key Facts
- Manufacturing employs over 12 million workers in the U.S.
- Annual manufacturing output exceeds $6 trillion in value.
- The sector accounts for nearly 12% of the total U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment in the U.S. manufacturing sector, providing insights into the overall health and productivity of the nation's industrial base.
Q: Why is this trend relevant for users or analysts?
A: The annual, non-seasonally adjusted manufacturing employment data is a key indicator of the sector's output, capacity, and economic contribution, making it crucial for policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Manufacturers, policymakers, and analysts closely monitor this trend to assess the strength of the domestic manufacturing economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU18000004244400001A), retrieved from FRED.