All Employees: Durable Goods: Fabricated Metal Product Manufacturing in North Carolina
SMU37000003133200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.00
Year-over-Year Change
9.24%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of employees in the fabricated metal product manufacturing industry in North Carolina. It provides insight into the health and productivity of this key 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
The All Employees: Durable Goods: Fabricated Metal Product Manufacturing in North Carolina indicator measures the total number of people employed in the fabricated metal product manufacturing industry within the state. This data is used by economists and policymakers to analyze trends in employment and production within this important manufacturing segment.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric helps inform economic and industrial policies related to the manufacturing sector in North Carolina.
Key Facts
- North Carolina is a major hub for fabricated metal product manufacturing.
- This industry employs over 50,000 workers in the state.
- Fabricated metal manufacturing contributes over $10 billion annually to North Carolina's GDP.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employees in the fabricated metal product manufacturing industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the health and productivity of a key manufacturing sector in the state, informing economic and industrial policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator helps inform policies related to the manufacturing sector and economic development in North Carolina.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Fabricated Metal Product Manufacturing in North Carolina (SMU37000003133200001A), retrieved from FRED.