Production or Nonsupervisory Employees: Manufacturing in Maine
Seasonally Adjusted
SMU23000003000000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.68
Year-over-Year Change
-2.96%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures seasonally adjusted employment in the private nonfarm sector. It is a key indicator of the overall health and direction of the U.S. economy.
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 Seasonally Adjusted nonfarm employment metric tracks month-over-month changes in the number of workers employed outside government and farming. It is a widely-followed statistic used by economists, policymakers, and analysts to assess economic conditions and labor market trends.
Methodology
This data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Historical Context
Seasonally adjusted employment figures are referenced by the Federal Reserve and other institutions when evaluating economic performance and setting policies.
Key Facts
- Employment outside farming and government accounts for about 83% of total U.S. jobs.
- Seasonally adjusted data removes regular cyclical variations due to weather, holidays, and other predictable factors.
- Sustained increases in seasonally adjusted employment generally signal a strengthening economy.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted nonfarm employment metric tracks month-over-month changes in the number of workers employed outside of government and farming.
Q: Why is this trend relevant for users or analysts?
A: This is a widely-followed statistic used by economists, policymakers, and analysts to assess economic conditions and labor market trends.
Q: How is this data collected or calculated?
A: This data is collected through a monthly survey of businesses and government agencies by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Seasonally adjusted employment figures are referenced by the Federal Reserve and other institutions when evaluating economic performance and setting policies.
Q: Are there update delays or limitations?
A: The seasonally adjusted data is released monthly with a typical one-month lag.
Related Trends
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Gross Domestic Product: Transportation and Warehousing (48-49) in Maine
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Poverty Universe, Age 5-17 related for Maine
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU23000003000000006SA), retrieved from FRED.