All Employees: Durable Goods: Computer and Electronic Product Manufacturing in North Carolina
SMU37000003133400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.50
Year-over-Year Change
-18.40%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of employees in the computer and electronic product manufacturing industry in North Carolina. It provides insight into the labor market and production capacity of this critical high-tech 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: Computer and Electronic Product Manufacturing in North Carolina metric measures the total number of workers employed in this industry across the state. It is a key indicator of economic activity and productivity in North Carolina's technology manufacturing base.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and industry analysts to assess the health and competitiveness of North Carolina's technology manufacturing sector.
Key Facts
- North Carolina is a major center for computer and electronic product manufacturing in the U.S.
- This industry accounts for over 100,000 jobs in the state.
- Employment levels in this sector have remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the computer and electronic product manufacturing industry across the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insight into the labor market and production capacity of a critical high-tech manufacturing sector in North Carolina, which is an important economic indicator for the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this trend to assess the health and competitiveness of North Carolina's technology manufacturing sector, which informs economic and workforce development strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Computer and Electronic Product Manufacturing in North Carolina (SMU37000003133400001A), retrieved from FRED.