All Employees: Financial Activities: Credit Intermediation and Related Activities including Monetary Authorities - Central Bank in Ohio
Monthly, Seasonally Adjusted
SMU39000005552200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.84
Year-over-Year Change
-0.42%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic indicator measures monthly, seasonally adjusted manufacturing employment in the New York-Newark-Jersey City, NY-NJ-PA Metropolitan Statistical Area. It provides insights into the labor market and industrial activity in the region.
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 Monthly, Seasonally Adjusted manufacturing employment series tracks the number of jobs in the manufacturing sector of the New York-Newark-Jersey City metropolitan area on a monthly basis, with seasonal adjustments to account for predictable fluctuations. This metric is used by economists and policymakers to assess the health and trends of the regional economy.
Methodology
The data is collected through surveys of businesses and establishments in the manufacturing industry within the defined metropolitan area.
Historical Context
This indicator is relevant for understanding the broader economic conditions and industrial performance in the New York metropolitan region.
Key Facts
- Manufacturing accounts for over 7% of total employment in the New York metro area.
- The region has seen a gradual decline in manufacturing jobs over the past decade.
- Seasonal adjustments help identify underlying trends in the data.
FAQs
Q: What does this economic trend measure?
A: This indicator measures monthly, seasonally adjusted employment in the manufacturing sector of the New York-Newark-Jersey City, NY-NJ-PA Metropolitan Statistical Area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and performance of the regional industrial economy, which is important for understanding broader economic conditions and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in the manufacturing industry within the defined metropolitan area.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this indicator to assess the labor market and industrial activity in the New York metropolitan region, which can inform economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting and publication, but the series is updated regularly by the Federal Reserve.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU39000005552200001SA), retrieved from FRED.