Production or Nonsupervisory Employees: Manufacturing: Non-Durable Goods in Maryland
SMU24000003200000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.83
Year-over-Year Change
2.61%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the number of production or nonsupervisory employees in the manufacturing of non-durable goods industry in Maryland. It provides insights into the labor force and productivity of this key economic sector.
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: Non-Durable Goods in Maryland series tracks the number of non-supervisory workers employed in the manufacturing of non-durable products within the state. This metric is used by economists and policymakers to monitor employment trends and assess the health of Maryland's manufacturing industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the state of Maryland's economy and can inform policy decisions around workforce development and industrial strategy.
Key Facts
- Maryland's non-durable goods manufacturing employs over 70,000 workers.
- The sector has seen a 5% decline in employment over the past decade.
- Non-durable goods make up about 40% of Maryland's total manufacturing output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of production or nonsupervisory employees in the manufacturing of non-durable goods industry in Maryland.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor force and productivity of Maryland's manufacturing sector, 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 businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions around workforce development and industrial strategy in Maryland.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Manufacturing: Non-Durable Goods in Maryland (SMU24000003200000006SA), retrieved from FRED.