Average Weekly Hours of Production Employees: Manufacturing in South Carolina
SMU45000003000000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.20
Year-over-Year Change
5.95%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked by manufacturing production employees in South Carolina. It provides insights into labor market conditions and productivity in 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 Average Weekly Hours of Production Employees: Manufacturing in South Carolina metric tracks the average number of hours worked per week by manufacturing production workers in the state. This data point is used by economists and policymakers to analyze labor market trends and manufacturing sector performance.
Methodology
The data is collected through a monthly survey of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is relevant for understanding economic conditions and guiding policy decisions related to the manufacturing industry in South Carolina.
Key Facts
- South Carolina's manufacturing sector employs over 250,000 workers.
- The state's manufacturing average weekly hours have remained relatively stable in recent years.
- Manufacturing accounts for nearly 20% of South Carolina's total economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by manufacturing production employees in South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market conditions and productivity in South Carolina's manufacturing sector, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze labor market trends and manufacturing sector performance in South Carolina, which can inform economic and workforce development policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of about one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing in South Carolina (SMU45000003000000007), retrieved from FRED.