Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Maryland
SMU24000003100000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.49
Year-over-Year Change
0.70%
Date Range
1/1/2001 - 6/1/2025
Summary
This trend measures the number of production or nonsupervisory employees in the durable goods manufacturing sector in Maryland. It provides insights into the health and labor dynamics of the state's manufacturing industry.
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 Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Maryland metric tracks the employment levels of non-managerial workers in the durable goods manufacturing subsector within the state. This data point is a key indicator of economic activity and labor market conditions in Maryland's manufacturing base.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and businesses to assess the strength of Maryland's manufacturing sector and broader economic conditions.
Key Facts
- Maryland's durable goods manufacturing accounts for over 25% of the state's total manufacturing employment.
- Employment levels in this sector have fluctuated with economic cycles over the past decade.
- The trend provides a timely snapshot of labor demand in Maryland's manufacturing base.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of production or nonsupervisory employees in the durable goods manufacturing sector within the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the health and labor dynamics of Maryland's manufacturing industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and businesses use this trend to assess the strength of Maryland's manufacturing sector and broader economic conditions in the state.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Maryland (SMU24000003100000006SA), retrieved from FRED.