All Employees: Non-Durable Goods: Tobacco Manufacturing in North Carolina
SMU37000003231220001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.40
Year-over-Year Change
-44.26%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the tobacco manufacturing industry in North Carolina. It provides important insights into the state's employment and economic activity in this 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: Non-Durable Goods: Tobacco Manufacturing in North Carolina series tracks the monthly count of individuals employed in tobacco product manufacturing within the state. This data is a key indicator of the industry's size, productivity, and economic significance in the regional economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health and trends within North Carolina's tobacco manufacturing sector and its broader economic implications.
Key Facts
- North Carolina is a leading tobacco producing state in the U.S.
- Tobacco manufacturing is a significant industry in the state's economy.
- Employment trends in this sector reflect broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the tobacco manufacturing industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the size, productivity, and economic significance of the tobacco manufacturing sector in North Carolina, which is a key industry in the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health and trends within North Carolina's tobacco manufacturing sector and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is subject to typical publication delays by the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Tobacco Manufacturing in North Carolina (SMU37000003231220001A), retrieved from FRED.