All Employees: Manufacturing: Durable Goods: Miscellaneous Manufacturing in Massachusetts
SMU25000003133900001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.50
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the number of employees in the durable goods manufacturing sector in Massachusetts, providing insight into the state's industrial production and economic activity.
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: Miscellaneous Manufacturing in Massachusetts series tracks the total number of people employed in the durable goods manufacturing industry across the state. This data point is a key indicator of the health and output of Massachusetts' industrial base.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this metric to assess the strength of Massachusetts' manufacturing sector and its contribution to the state's overall economic performance.
Key Facts
- Massachusetts is a major hub for durable goods manufacturing.
- Miscellaneous manufacturing includes diverse industries like medical equipment and sporting goods.
- Trends in this metric can signal changes in the state's industrial base and economic outlook.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the durable goods manufacturing sector in the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and output of Massachusetts' industrial base, which is an important driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the strength of Massachusetts' manufacturing sector and its contribution to the state's economic outlook.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with typical publication lags of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Miscellaneous Manufacturing in Massachusetts (SMU25000003133900001), retrieved from FRED.