Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Oregon
SMU41000003100000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
92.30
Year-over-Year Change
-1.18%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the number of production or nonsupervisory employees in the manufacturing of durable goods in the state of Oregon. It provides insights into the health and dynamics of the state's manufacturing sector.
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 Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Oregon metric tracks the employment levels of workers directly involved in the production of durable goods, excluding supervisory and managerial personnel. This data point is a key indicator of manufacturing activity and labor market conditions in the state.
Methodology
The data is collected through surveys of Oregon employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and businesses to assess the strength of Oregon's manufacturing industry and its broader economic conditions.
Key Facts
- Oregon's manufacturing sector employs over 200,000 workers.
- Durable goods account for over 60% of the state's manufacturing output.
- Employment in durable goods manufacturing has grown by 15% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of production or nonsupervisory employees engaged in the manufacturing of durable goods within the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and dynamics of Oregon's manufacturing sector, which is a crucial component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength of Oregon's manufacturing industry and inform decisions around economic development, workforce planning, and trade policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months. There may be revisions to prior periods as more complete information becomes available.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Oregon (SMU41000003100000006), retrieved from FRED.