All Employees: Manufacturing: Durable Goods: Ship and Boat Building in Mississippi
SMU28000003133660001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.20
Year-over-Year Change
-2.40%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic indicator measures the total number of employees in the ship and boat building industry in Mississippi. It provides insight into the health and activity of this key 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
The All Employees: Manufacturing: Durable Goods: Ship and Boat Building in Mississippi series tracks the total number of individuals employed in the durable goods manufacturing subsector for ship and boat building in the state of Mississippi. This metric is used by economists and policymakers to analyze trends in manufacturing output and employment.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is relevant for understanding regional manufacturing dynamics and the maritime industry's role in Mississippi's economy.
Key Facts
- Manufacturing accounts for over 13% of Mississippi's GDP.
- The ship and boat building industry employs over 8,000 workers in Mississippi.
- Mississippi is a top U.S. state for shipbuilding and repair.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employees in the ship and boat building industry in Mississippi, a key component of the state's manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of Mississippi's maritime manufacturing industry, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through 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 use this indicator to analyze regional manufacturing trends and the role of the maritime industry in Mississippi's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Ship and Boat Building in Mississippi (SMU28000003133660001), retrieved from FRED.