All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in South Carolina
SMU45000003133200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.60
Year-over-Year Change
1.23%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures total employment in the durable goods manufacturing sector of the fabricated metal product industry in South Carolina. It provides insight into the strength and dynamics of this key manufacturing segment within the state's 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 South Carolina series tracks the total number of people employed in this specific manufacturing subsector across the state. It is an important indicator of industrial activity, output, and economic health in this critical component of South Carolina's manufacturing base.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, industry analysts, and investors to assess the performance and outlook for South Carolina's manufacturing sector.
Key Facts
- South Carolina is a major hub for the fabricated metal products industry.
- Durable goods manufacturing accounts for over 20% of the state's total employment.
- Employment in this sector has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the durable goods manufacturing sector of the fabricated metal product industry within the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and performance of a key manufacturing segment that is critical to South Carolina's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and investors closely monitor this trend to assess the outlook for South Carolina's manufacturing sector and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in South Carolina (SMU45000003133200001), retrieved from FRED.