All Employees: Non-Durable Goods: Textile and Fabric Finishing and Fabric Coating Mills in North Carolina

SMU37000003231330001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.30

Year-over-Year Change

-34.85%

Date Range

1/1/1990 - 1/1/2024

Summary

This series tracks the total number of employees in the textile and fabric finishing and fabric coating mills industry in North Carolina. It provides insights into the health and trends of this key manufacturing sector in the state.

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: Textile and Fabric Finishing and Fabric Coating Mills in North Carolina series measures the total number of people employed in this industry within the state. It offers an important indicator of the state's textile production and manufacturing activity.

Methodology

The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This metric is closely watched by policymakers, economists, and industry analysts to assess the performance of North Carolina's textile and fabric manufacturing sector.

Key Facts

  • North Carolina is a major hub for textile and fabric production in the U.S.
  • This industry employs over 25,000 workers in the state as of the latest data.
  • Textile manufacturing accounts for over 10% of North Carolina's total manufacturing output.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total number of employees in the textile and fabric finishing and fabric coating mills industry located in North Carolina.

Q: Why is this trend relevant for users or analysts?

A: This metric provides important insights into the health and performance of a key manufacturing sector in North Carolina, which is a major textile production hub.

Q: How is this data collected or calculated?

A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: This metric is closely tracked by policymakers, economists, and industry analysts to assess the state of North Carolina's textile and fabric manufacturing industry.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical lag of one to two months.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Non-Durable Goods: Textile and Fabric Finishing and Fabric Coating Mills in North Carolina (SMU37000003231330001A), retrieved from FRED.