All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in Montana
SMU30000003132100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.30
Year-over-Year Change
-4.17%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in Montana' trend measures employment in the wood product manufacturing industry within the state of Montana. This data provides insights into the health and activity of a key manufacturing sector in the state's economy.
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 employees working in wood product manufacturing facilities located in Montana. It is a valuable indicator of production, investment, and economic conditions in the state's durable goods manufacturing industry, which has historically been an important component of Montana's economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this employment trend to assess the performance and outlook of Montana's manufacturing sector.
Key Facts
- Montana is a top producer of lumber and wood products in the U.S.
- Wood product manufacturing accounts for over 5% of Montana's total employment.
- Employment in this sector has fluctuated with changes in housing and construction demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in wood product manufacturing facilities located in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides valuable insights into the performance and outlook of Montana's durable goods manufacturing industry, which is an important component 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 analysts use this employment trend to assess the health and activity of Montana's manufacturing sector, which informs economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may have a lag of several weeks before being made available.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in Montana (SMU30000003132100001), retrieved from FRED.