All Employees: Durable Goods: Electrical Equipment Manufacturing in Mississippi
SMU28000003133530001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.30
Year-over-Year Change
36.96%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Durable Goods: Electrical Equipment Manufacturing in Mississippi' trend measures the number of people employed in the electrical equipment manufacturing industry within the state of Mississippi. This metric is a key indicator of economic activity and employment conditions in this specific manufacturing sector.
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
This series tracks the total number of non-farm employees working in the durable goods manufacturing subsector of electrical equipment production located in the state of Mississippi. It provides insights into the strength and trends within this important industrial segment of the state's economy.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this employment trend to gauge the health and competitiveness of Mississippi's electrical equipment manufacturing industry.
Key Facts
- Mississippi's electrical equipment manufacturing accounts for over 10,000 jobs.
- This industry has seen 5% employment growth over the past 5 years.
- Electrical equipment manufacturing makes up 20% of Mississippi's total durable goods jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the electrical equipment manufacturing industry within the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength and competitiveness of a key manufacturing sector in Mississippi's economy.
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 monitor this employment trend to gauge the health and competitiveness of Mississippi's electrical equipment manufacturing industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a short delay, providing timely insights into this sector's employment conditions.
Related Trends
Industrial Carbon Dioxide Emissions, Coal for Mississippi
EMISSCO2TOTVICCOMSA
Commercial Carbon Dioxide Emissions, Distillate Fuel for Mississippi
EMISSCO2VDFCCBMSA
Housing Inventory: Pending Listing Count Month-Over-Month in Mississippi
PENLISCOUMMMS
Average Weekly Earnings of All Employees: Private Service Providing in Mississippi
SMU28000000800000011
All Employees: Financial Activities: Credit Intermediation and Related Activities Including Monetary Authorities - Central Bank in Mississippi
SMU28000005552200001SA
90% Confidence Interval Upper Bound of Estimate of Percent of People of All Ages in Poverty for Mississippi
PPCIUBAAMS28000A156NCEN
Citation
U.S. Federal Reserve, All Employees: Durable Goods: Electrical Equipment Manufacturing in Mississippi (SMU28000003133530001A), retrieved from FRED.