All Employees: Manufacturing: Durable Goods in Minnesota
Annual, Not Seasonally Adjusted
SMU27000003100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
206.80
Year-over-Year Change
6.54%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the San Jose-Sunnyvale-Santa Clara, CA metropolitan statistical area. It provides insight into the region's labor market dynamics and economic conditions.
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 employment series tracks the total number of employed individuals in the San Jose-Sunnyvale-Santa Clara, CA metro area on an annual basis without adjusting for seasonal factors. This metric is used by economists and policymakers to analyze long-term employment trends and the overall health of the local economy.
Methodology
The data is collected through surveys of employers and households by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding regional economic performance and informing policy decisions.
Key Facts
- The San Jose metro area had an annual employment level of over 1 million in 2021.
- Employment levels in the region have grown steadily since the Great Recession.
- The tech industry is a major driver of employment in the San Jose metro area.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed individuals in the San Jose-Sunnyvale-Santa Clara, CA metropolitan statistical area on an annual basis without adjusting for seasonal factors.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the long-term employment dynamics and overall economic health of the San Jose metro region, which is important for businesses, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand regional labor market conditions and inform decisions related to economic development, workforce planning, and other policy initiatives.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so there may be a delay in reflecting the most recent employment trends in the San Jose metro area.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU27000003100000001A), retrieved from FRED.