All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in North Carolina
SMU37000003132100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.10
Year-over-Year Change
-1.63%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of manufacturing employees in the durable goods wood product industry in North Carolina. It provides insight into the health and activity of this key sector of 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
The All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in North Carolina metric tracks the total employment in this specific manufacturing industry within the state. It is a valuable indicator of production, investment, and economic conditions in this important segment of North Carolina's manufacturing base.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, economists, and industry analysts to gauge the performance and outlook of North Carolina's wood products manufacturing sector.
Key Facts
- North Carolina is a leading producer of wood products in the United States.
- The wood products industry is a major employer in the state's manufacturing sector.
- Trends in wood products employment can signal broader shifts in the state's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the durable goods wood product manufacturing industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insight into the performance and outlook of a critical manufacturing sector in North Carolina'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, economists, and industry analysts monitor this employment trend to gauge the health and competitiveness of North Carolina's wood products manufacturing sector.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only reflects employment within North Carolina and does not capture the broader regional or national wood products industry.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in North Carolina (SMU37000003132100001), retrieved from FRED.