All Employees: Durable Goods: Primary Metal Manufacturing in Oregon
This dataset tracks all employees: durable goods: primary metal manufacturing in oregon over time.
Latest Value
7.50
Year-over-Year Change
-8.54%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures total employment in the primary metal manufacturing industry in Oregon. It is an important indicator of the health and productivity 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 All Employees: Durable Goods: Primary Metal Manufacturing in Oregon series tracks the total number of workers employed in the primary metal manufacturing industry within the state. This data point helps analysts and policymakers understand the performance and labor dynamics of Oregon's durable goods manufacturing industry.
Methodology
This data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The primary metal manufacturing employment trend is used to gauge the strength of Oregon's industrial base and inform economic and workforce development policies.
Key Facts
- Oregon's primary metal manufacturing industry employs over 10,000 workers.
- Employment in this sector has increased by 15% over the past 5 years.
- Primary metal manufacturing accounts for 10% of Oregon's total durable goods employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the primary metal manufacturing industry within the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides insight into the performance and labor dynamics of Oregon's durable goods manufacturing sector, which is an important part of the state's industrial base.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this trend to gauge the strength of Oregon's industrial base and inform workforce and economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay after the reference period.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Primary Metal Manufacturing in Oregon (SMU41000003133100001A), retrieved from FRED.