All Employees: Manufacturing: Durable Goods in South Carolina
SMU45000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
162.30
Year-over-Year Change
0.06%
Date Range
1/1/2001 - 6/1/2025
Summary
The 'All Employees: Manufacturing: Durable Goods in South Carolina' trend measures the total number of employees in the durable goods manufacturing industry within the state of South Carolina. This data provides insights into the health and activity of 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
This economic indicator tracks the monthly change in the number of employees working in durable goods manufacturing companies located in South Carolina. Durable goods refer to products designed to last and have a longer useful life, such as automobiles, appliances, and machinery.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the strength of South Carolina's manufacturing industry and its broader economic conditions.
Key Facts
- South Carolina is a major center for durable goods manufacturing.
- Durable goods account for a significant portion of the state's economic output.
- Manufacturing employment trends are closely watched by policymakers and analysts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the durable goods manufacturing industry within the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: The durable goods manufacturing industry is a crucial component of South Carolina's economy, and changes in employment in this sector can provide insights into the overall economic health of the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments 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 strength of South Carolina's manufacturing industry and its broader economic conditions, which can inform policy decisions and economic forecasting.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and limitations of the U.S. Bureau of Labor Statistics' establishment surveys.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in South Carolina (SMU45000003100000001), retrieved from FRED.