All Employees: Manufacturing: Durable Goods: Metalworking Machinery Manufacturing in Ohio
SMU39000003133350001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.54
Year-over-Year Change
-1.01%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the number of employees in the metalworking machinery manufacturing industry in Ohio. It provides insight into the health and activity of this key manufacturing sector within 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: Manufacturing: Durable Goods: Metalworking Machinery Manufacturing in Ohio series tracks the total number of workers employed in this specific manufacturing industry in the state. It is a valuable indicator of production capacity, economic conditions, and employment trends within Ohio's metal fabrication and machinery sectors.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely monitored by policymakers, economists, and industry analysts to assess the performance and outlook of Ohio's manufacturing base.
Key Facts
- Ohio is a major center for metalworking machinery production in the U.S.
- Employment in this industry has fluctuated significantly over the past two decades.
- Trends in metalworking machinery manufacturing are closely tied to the health of the broader manufacturing sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the metalworking machinery manufacturing industry within the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the performance and outlook of a key manufacturing sector in Ohio, which has implications for the state's overall economic health and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this metric to assess the state of Ohio's manufacturing base and inform decisions related to economic development, workforce training, and industrial policy.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a delay of several months between the reference period and public release.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Metalworking Machinery Manufacturing in Ohio (SMU39000003133350001SA), retrieved from FRED.