All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in North Carolina
Seasonally Adjusted
SMU37000003133500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.03
Year-over-Year Change
-0.86%
Date Range
1/1/1990 - 6/1/2025
Summary
The Seasonally Adjusted series measures the monthly change in employment for the Mining and Logging sector in Texas, adjusted to account for regular seasonal variations.
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 data series provides a reliable indicator of employment trends in the Texas mining and logging industry, a key component of the state's economy. Seasonal adjustments enable more accurate month-over-month comparisons.
Methodology
The data is collected through surveys of business establishments and adjusted using statistical models to remove seasonal patterns.
Historical Context
This metric is used by economists, policymakers, and industry analysts to monitor labor market conditions and guide economic decision-making.
Key Facts
- Texas is a leading producer of oil, gas, and other minerals.
- The mining and logging sector accounts for over 3% of Texas's GDP.
- Seasonal employment patterns are common in this industry.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures monthly changes in employment for the mining and logging sector in Texas, with seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a reliable indicator of labor market conditions in a key industry, enabling more accurate analysis of employment trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments and adjusted using statistical models to remove seasonal patterns.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and industry analysts to monitor labor market conditions and guide economic decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly, with a lag of several weeks to allow for collection and processing.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU37000003133500001SA), retrieved from FRED.