All Employees: Retail Trade: Motor Vehicle and Parts Dealers in Massachusetts
Annual, Not Seasonally Adjusted
SMU25000004244100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.90
Year-over-Year Change
5.90%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted manufacturing employment in the United States. It provides insight into long-term trends in the U.S. manufacturing sector, which is a key driver of economic growth and productivity.
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 Annual, Not Seasonally Adjusted manufacturing employment metric tracks the total number of people employed in the U.S. manufacturing industry on an annual basis, without adjusting for seasonal fluctuations. This data series is used by economists and policymakers to analyze the health and competitiveness of the American manufacturing sector.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is widely referenced by economists, industry analysts, and policymakers to assess the state of the U.S. manufacturing industry and inform economic and trade policies.
Key Facts
- U.S. manufacturing employment peaked in 1979 at over 19 million workers.
- Manufacturing accounted for over 25% of U.S. GDP in the 1950s, compared to around 11% today.
- The U.S. has lost over 7 million manufacturing jobs since 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the U.S. manufacturing industry on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the long-term health and competitiveness of the U.S. manufacturing sector, which is a critical driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is widely referenced by economists, industry analysts, and policymakers to assess the state of the U.S. manufacturing industry and inform economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published annually with a short delay, and may not fully capture seasonal or short-term fluctuations in manufacturing employment.
Related Trends
90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Massachusetts
PPCIUB5T17MA25000A156NCEN
Industrial Carbon Dioxide Emissions, Natural Gas (Pipeline) for Massachusetts
EMISSCO2VNGICBMAA
All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Massachusetts
SMU25000003133200001SA
Gross Domestic Product: Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523) in Massachusetts
MASECCOMINVNGSP
All Employees: Educational Services in Massachusetts
SMU25000006561000001A
Business Applications for Massachusetts
BUSAPPWNSAMAYY
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU25000004244100001A), retrieved from FRED.