Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Rhode Island
Seasonally Adjusted
SMU44000003100000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.37
Year-over-Year Change
2.60%
Date Range
1/1/2001 - 7/1/2025
Summary
The Seasonally Adjusted series measures the number of jobs in the total nonfarm sector of the U.S. economy, adjusted for predictable seasonal variations. It is a key indicator used by economists and policymakers to gauge the overall health of the labor market.
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
This series tracks the total number of jobs in the U.S. nonfarm sector, with adjustments made to account for seasonal hiring patterns that occur throughout the year. It provides a more accurate representation of underlying employment trends by removing the influence of regular, predictable fluctuations.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
The Seasonally Adjusted employment series is widely monitored by the Federal Reserve, Congress, and market analysts to inform economic policy and investment decisions.
Key Facts
- The series covers all nonfarm payroll jobs, including both private sector and government employment.
- Seasonal adjustment helps identify underlying changes in employment by removing predictable fluctuations like holiday hiring.
- The data is released monthly as part of the Bureau of Labor Statistics' Employment Situation report.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series tracks the total number of nonfarm jobs in the U.S. economy, with adjustments made to account for regular, predictable seasonal variations in employment.
Q: Why is this trend relevant for users or analysts?
A: This metric provides a more accurate representation of underlying employment trends, which is crucial for economists, policymakers, and market analysts to assess the health of the labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Seasonally Adjusted employment series is closely monitored by the Federal Reserve, Congress, and other institutions to inform decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The data is released monthly as part of the Bureau of Labor Statistics' Employment Situation report, with a typical one-month delay.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU44000003100000006SA), retrieved from FRED.