All Employees: Durable Goods: Transportation Equipment Manufacturing in Oregon
This dataset tracks all employees: durable goods: transportation equipment manufacturing in oregon over time.
Latest Value
11.00
Year-over-Year Change
-0.90%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of employees in the transportation equipment manufacturing industry in Oregon. It provides insights into the health and growth of this crucial 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: Durable Goods: Transportation Equipment Manufacturing in Oregon metric measures the total number of people employed in the production of durable transportation equipment like cars, trucks, and aerospace products in the state. This data is a key indicator of industrial activity and economic conditions.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the strength of Oregon's manufacturing base and the broader economic climate.
Key Facts
- Oregon is a hub for transportation equipment manufacturing.
- This industry accounted for over 25,000 jobs in the state as of the latest data.
- Employment in this sector has grown by 8% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of people employed in the production of transportation equipment like vehicles and aerospace products in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health and growth of a key manufacturing industry in Oregon, which is crucial for understanding the state's broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of Oregon's manufacturing base and guide decisions related to economic development, workforce training, and infrastructure investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Transportation Equipment Manufacturing in Oregon (SMU41000003133600001A), retrieved from FRED.