All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Massachusetts
SMU25000003133900001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.50
Year-over-Year Change
-6.57%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the miscellaneous durable goods manufacturing industry in Massachusetts. It provides insight into the health and activity 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: Durable Goods: Miscellaneous Durable Goods Manufacturing in Massachusetts series tracks monthly employment levels in this specific manufacturing subsector. It is a key indicator of industrial production and economic activity in the Commonwealth.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, economists, and industry analysts to assess the broader manufacturing landscape in Massachusetts.
Key Facts
- Massachusetts is a major hub for durable goods manufacturing.
- Miscellaneous durable goods make up a significant portion of the state's manufacturing sector.
- Employment in this industry has fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the miscellaneous durable goods manufacturing industry within the state of Massachusetts.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides insight into the health and activity of an important manufacturing subsector in Massachusetts, which is closely watched by policymakers, economists, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is used by policymakers, economists, and industry analysts to assess the broader manufacturing landscape and economic activity in the state of Massachusetts.
Q: Are there update delays or limitations?
A: The data is subject to the standard release schedule and potential revisions by the Bureau of Labor Statistics.
Related Trends
All Marginally Attached Workers for Massachusetts
ALLMARGATMA
Real Gross Domestic Product: Waste Management and Remediation Services (562) in Massachusetts
MAWASTERGSP
Transportation Carbon Dioxide Emissions, Natural Gas for Massachusetts
EMISSCO2TOTVTCNGMAA
Number of Identified Exporters to France from Massachusetts
MAFRAA475SCEN
Real Gross Domestic Product: Natural Resources and Mining (11, 21) in Massachusetts
MANATRESMINRGSP
All Employees: Professional and Business Services in Massachusetts
MAPBSV
Citation
U.S. Federal Reserve, All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Massachusetts (SMU25000003133900001A), retrieved from FRED.