All Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Maryland
SMU24000003133400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.09
Year-over-Year Change
-0.46%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the computer and electronic product manufacturing industry in Maryland. It provides insights into the health and dynamics 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: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Maryland data series tracks the total number of employees in this specific manufacturing industry across the state. It is a key indicator of production capacity, economic activity, and employment trends in this high-tech segment of Maryland's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the performance and competitiveness of Maryland's computer and electronics manufacturing sector.
Key Facts
- Maryland's computer and electronic product manufacturing industry employs over 30,000 workers.
- This sector accounts for 15% of the state's total manufacturing employment.
- Employment in this industry has grown by 8% over the past 5 years.
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 Maryland.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of a key high-tech manufacturing sector in Maryland's economy, which is important for policymakers, economists, and industry analysts.
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: This trend is closely monitored by policymakers, economists, and industry analysts to assess the competitiveness and growth of Maryland's computer and electronics manufacturing sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Maryland (SMU24000003133400001SA), retrieved from FRED.