All Employees: Manufacturing: Durable Goods: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing in Minnesota
SMU27000003133450001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
-2.99%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures employment in the manufacturing of navigational, measuring, electromedical, and control instruments in Minnesota. It provides insight into the health and activity of this specific 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: Manufacturing: Durable Goods: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing in Minnesota series tracks the number of individuals employed in this industry. It is a key indicator of economic performance and can inform policy decisions related to this manufacturing segment.
Methodology
This data is collected through surveys of businesses and establishments in Minnesota.
Historical Context
Policymakers and analysts use this trend to understand dynamics in Minnesota's manufacturing sector and make informed decisions.
Key Facts
- Minnesota is a hub for navigational and control instruments manufacturing.
- This industry employs over 20,000 workers in the state.
- Employment in this sector has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the manufacturing of navigational, measuring, electromedical, and control instruments in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and activity of a key manufacturing segment in Minnesota, which is important for policymakers and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Minnesota.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to understand dynamics in Minnesota's manufacturing sector and make informed decisions.
Q: Are there update delays or limitations?
A: This data is published regularly with minimal delays, providing timely insights into this manufacturing industry.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Navigational, Measuring, Electromedical, and Control Instruments Manufacturing in Minnesota (SMU27000003133450001), retrieved from FRED.