All Employees: Non-Durable Goods: Food Manufacturing in North Carolina
SMU37000003231100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.00
Year-over-Year Change
21.33%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the food manufacturing industry within North Carolina's non-durable goods sector. It provides insights into a key component of the state's manufacturing 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: Non-Durable Goods: Food Manufacturing in North Carolina metric tracks the number of individuals employed in food production facilities across the state. This data point is used by economists and policymakers to gauge the health and trends within North Carolina's manufacturing base.
Methodology
The U.S. Bureau of Labor Statistics collects this data through monthly surveys of businesses and organizations.
Historical Context
Analysts and officials monitor this trend to understand dynamics in North Carolina's labor market and manufacturing sector.
Key Facts
- North Carolina is a top-10 state for food manufacturing employment.
- Food production accounts for over 15% of the state's total manufacturing jobs.
- Employment in this sector has grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the food manufacturing industry within North Carolina's non-durable goods sector.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into a key component of North Carolina's manufacturing economy and labor market.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through monthly surveys of businesses and organizations.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to understand dynamics in North Carolina's manufacturing sector and make informed decisions.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month lag in release.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Food Manufacturing in North Carolina (SMU37000003231100001A), retrieved from FRED.