All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Nebraska
Seasonally Adjusted
SMU31000003133200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.97
Year-over-Year Change
-4.24%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures the employment level in the Nonfarm sector of the U.S. economy, adjusted to account for seasonal variations. This metric is a key indicator of overall economic health 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 Seasonally Adjusted employment series removes the expected fluctuations due to factors like weather, holidays, and other seasonal patterns. This allows economists and policymakers to better identify underlying trends and make more informed decisions.
Methodology
The data is collected through surveys of businesses and households and adjusted using statistical models to remove seasonal effects.
Historical Context
Policymakers and analysts closely monitor this series to assess the strength of the labor market and guide economic policies.
Key Facts
- Seasonally Adjusted data accounts for regular, predictable changes.
- The Nonfarm sector includes all industries except agriculture and private households.
- This metric is a leading indicator of overall economic performance.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the employment level in the U.S. Nonfarm sector, with adjustments made to account for expected seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a clearer picture of underlying labor market conditions by removing the impact of seasonal factors, allowing for better assessment of economic health and more informed policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households and adjusted using statistical models to remove seasonal effects.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this series to assess the strength of the labor market and guide economic policies, such as interest rates and employment programs.
Q: Are there update delays or limitations?
A: The Seasonally Adjusted employment data is typically released with a one-month lag, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU31000003133200001SA), retrieved from FRED.