All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Pennsylvania
SMU42000003133200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
79.67
Year-over-Year Change
0.36%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the durable goods manufacturing industry, specifically focusing on the fabricated metal product manufacturing sector in Pennsylvania. This metric is important for economists and policymakers to understand the strength of Pennsylvania's manufacturing economy.
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: Fabricated Metal Product Manufacturing in Pennsylvania metric tracks the number of people employed in this specific manufacturing subsector within the state. It provides insight into the production and labor dynamics of this important industry.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform economic policy decisions and market analyses related to Pennsylvania's manufacturing and industrial performance.
Key Facts
- Pennsylvania is a major center for fabricated metal product manufacturing.
- Durable goods manufacturing accounts for a significant portion of the state's economy.
- Employment in this sector can indicate the overall health of Pennsylvania's industrial base.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the fabricated metal product manufacturing industry within the durable goods manufacturing sector in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the strength and performance of a key manufacturing subsector in Pennsylvania, which is crucial for understanding the state's economic conditions and industrial base.
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 analysts use this trend to inform decisions and assessments related to Pennsylvania's manufacturing industry and the broader state economy.
Q: Are there update delays or limitations?
A: There may be some delays in the release of this data, as it is dependent on the survey collection and processing timelines of the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Pennsylvania (SMU42000003133200001SA), retrieved from FRED.