All Employees: Manufacturing: Non-Durable Goods: Beverage and Tobacco Product Manufacturing in North Carolina
SMU37000003231200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.26
Year-over-Year Change
-0.79%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of non-durable goods manufacturing employees in North Carolina's beverage and tobacco product industry. It provides insight into the state's manufacturing labor market and the performance of this key industry.
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: Non-Durable Goods: Beverage and Tobacco Product Manufacturing in North Carolina data series tracks the total number of workers employed in the production of non-durable goods like beverages and tobacco products within the state. This indicator is widely used by economists and policymakers to analyze manufacturing activity and labor market trends.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator is valuable for understanding the strength of North Carolina's manufacturing sector and informing policy decisions that impact the state's economic growth.
Key Facts
- North Carolina is a major producer of beverages and tobacco products.
- This industry employs over 20,000 workers in the state.
- Manufacturing accounts for 12% of North Carolina's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in North Carolina's beverage and tobacco product manufacturing industry, which is part of the broader non-durable goods manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides valuable insight into the performance and labor market conditions of a key manufacturing industry in North Carolina, which is important for understanding the state's overall economic health and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This indicator is used by economists, policymakers, and businesses to monitor manufacturing activity, inform economic development strategies, and make decisions that impact North Carolina's labor market and industrial base.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag, and it may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods: Beverage and Tobacco Product Manufacturing in North Carolina (SMU37000003231200001SA), retrieved from FRED.