All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Nebraska
SMU31000003133200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.10
Year-over-Year Change
-4.21%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the durable goods manufacturing sector of the fabricated metal product industry in Nebraska. It provides insights into the state's manufacturing activity and labor market 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 All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Nebraska series tracks the employment levels in this specific industry and geographic area. It is used by economists and policymakers to assess the health and trends of Nebraska's manufacturing sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding Nebraska's economic performance and informing policy decisions related to the manufacturing industry.
Key Facts
- Nebraska's fabricated metal product manufacturing employs over 25,000 workers.
- This industry accounts for nearly 10% of the state's total manufacturing jobs.
- Employment in this sector has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees working in the fabricated metal product manufacturing industry, which is part of the durable goods manufacturing sector, within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of Nebraska's manufacturing sector, which is an important component of the state's economy. It is used by economists, policymakers, and businesses to monitor labor market conditions and inform decision-making.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses and establishments.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and economists to assess the strength of Nebraska's manufacturing industry and inform decisions related to economic development, workforce planning, and trade policies.
Q: Are there update delays or limitations?
A: The data is typically updated on a monthly basis, with a lag of approximately one month. There may be limitations in capturing some smaller or informal businesses in the survey.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Nebraska (SMU31000003133200001), retrieved from FRED.