All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Pennsylvania
This dataset tracks all employees: durable goods: miscellaneous durable goods manufacturing in pennsylvania over time.
Latest Value
25.80
Year-over-Year Change
-1.90%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend tracks the total number of employees in the miscellaneous durable goods manufacturing industry in Pennsylvania. It provides important insights into the state's manufacturing and economic activity.
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: Miscellaneous Durable Goods Manufacturing in Pennsylvania metric measures the total employment in a key segment of the state's manufacturing sector. It helps economists and policymakers assess the health and trends of Pennsylvania's industrial base.
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 and labor market policies at the state and federal levels.
Key Facts
- Pennsylvania is a major manufacturing hub in the U.S.
- Miscellaneous durable goods include a diverse range of products.
- Employment trends in this sector signal the state's economic health.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the miscellaneous durable goods manufacturing industry in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and performance of a key segment of Pennsylvania's manufacturing sector, which is a critical part 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 state of Pennsylvania's manufacturing industry and inform economic and labor market policies at the state and federal levels.
Q: Are there update delays or limitations?
A: The data is subject to typical government statistical reporting lags, but provides a reliable, timely indicator of trends in Pennsylvania's miscellaneous durable goods manufacturing employment.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Pennsylvania (SMU42000003133900001A), retrieved from FRED.