All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Massachusetts
SMU25000003133300001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.02
Year-over-Year Change
-2.12%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of manufacturing employees in the machinery industry in Massachusetts. It provides insight into the health and productivity of this key manufacturing sector in 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: Machinery Manufacturing in Massachusetts series tracks the total number of individuals employed in the machinery manufacturing industry within the Commonwealth of Massachusetts. This metric serves as an important indicator of economic activity and industrial output in the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Machinery manufacturing employment levels are closely monitored by policymakers and economists as a gauge of the broader manufacturing environment.
Key Facts
- Massachusetts is a major hub for machinery manufacturing.
- Durable goods production accounts for over 10% of the state's GDP.
- Machinery manufacturing jobs pay above-average wages in Massachusetts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of individuals employed in the machinery manufacturing industry within the Commonwealth of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: Machinery manufacturing employment is an important indicator of economic activity and industrial output in Massachusetts, providing insight into the health of a key manufacturing sector.
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: Machinery manufacturing employment levels are closely monitored by policymakers and economists as a gauge of the broader manufacturing environment in Massachusetts.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and revision processes of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Massachusetts (SMU25000003133300001SA), retrieved from FRED.