All Employees: Non-Durable Goods: Plastics and Rubber Products Manufacturing in North Carolina
SMU37000003232600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.70
Year-over-Year Change
15.91%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures employment in the plastics and rubber products manufacturing industry in North Carolina. It provides insights into the health and performance of a 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: Plastics and Rubber Products Manufacturing in North Carolina data series tracks the number of people employed in this manufacturing industry within the state. It is a key indicator of economic activity and production capacity in the plastics and rubber goods sector.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, industry analysts, and economic development agencies to assess the manufacturing and production landscape in North Carolina.
Key Facts
- North Carolina is a major hub for plastics and rubber products manufacturing.
- This industry employs over 50,000 workers in the state.
- Plastics and rubber manufacturing accounts for 10% of North Carolina's total manufacturing output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the plastics and rubber products manufacturing industry within the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and performance of a key manufacturing sector in North Carolina, which is important for understanding the state's overall economic activity and production capacity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely watched by policymakers, industry analysts, and economic development agencies to assess the manufacturing and production landscape in North Carolina.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Plastics and Rubber Products Manufacturing in North Carolina (SMU37000003232600001A), retrieved from FRED.