All Employees: Manufacturing: Durable Goods: Motor Vehicle Manufacturing in Ohio
SMU39000003133610001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.30
Year-over-Year Change
-6.76%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures total employment in the motor vehicle manufacturing industry in Ohio. It provides valuable insights into the strength and performance of a critical 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: Motor Vehicle Manufacturing in Ohio series tracks the total number of individuals employed in the motor vehicle manufacturing industry across the state. This data is an important indicator of economic activity and industrial production within Ohio.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the health of Ohio's manufacturing base and broader economic conditions.
Key Facts
- Ohio is a major center of automotive manufacturing in the U.S.
- Motor vehicle production is a key driver of Ohio's economy.
- Employment in this sector has fluctuated with changes in consumer demand.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the motor vehicle manufacturing industry within the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the performance and health of a critical manufacturing sector in Ohio, which has significant implications for the state's overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, economists, and industry analysts to assess the strength of Ohio's manufacturing base and inform economic policies and strategies.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a short delay in availability compared to the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Motor Vehicle Manufacturing in Ohio (SMU39000003133610001SA), retrieved from FRED.