All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Nebraska

SMU31000003133300001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.10

Year-over-Year Change

-6.90%

Date Range

1/1/1990 - 6/1/2025

Summary

The 'All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Nebraska' trend measures total employment in the machinery manufacturing industry within Nebraska. This metric is a key indicator of economic activity and labor market conditions in the state's 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 number of people employed in the production of machinery, such as agricultural, construction, and industrial machinery, within Nebraska's manufacturing industry. It provides valuable insights into the health and dynamics of this crucial segment of the state's economy.

Methodology

The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

Policymakers and economists closely monitor this trend to gauge the performance and competitiveness of Nebraska's manufacturing industry.

Key Facts

  • Nebraska's machinery manufacturing industry employs over 20,000 people.
  • Machinery manufacturing accounts for approximately 15% of the state's total manufacturing workforce.
  • Employment in this sector has remained relatively stable over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of people employed in the machinery manufacturing industry within the state of Nebraska.

Q: Why is this trend relevant for users or analysts?

A: This metric provides important insights into the performance and competitiveness of a key segment of Nebraska's manufacturing sector, which is a critical driver of the state's economy.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers and economists closely monitor this trend to assess the health and dynamics of Nebraska's manufacturing industry, which informs economic development strategies and policy decisions.

Q: Are there update delays or limitations?

A: This data is published with a lag of approximately one month, and may be subject to minor revisions as more complete information becomes available.

Similar SMU Trends

Citation

U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Nebraska (SMU31000003133300001), retrieved from FRED.