All Employees: Durable Goods: Fabricated Metal Product Manufacturing in South Carolina
This dataset tracks all employees: durable goods: fabricated metal product manufacturing in south carolina over time.
Latest Value
24.20
Year-over-Year Change
1.68%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the Fabricated Metal Product Manufacturing industry in South Carolina. It provides insights into the state's durable goods manufacturing sector and its overall 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: Fabricated Metal Product Manufacturing in South Carolina series tracks the employment level in this critical manufacturing industry within the state. This data point is used by economists and policymakers to assess the health and competitiveness of South Carolina's industrial base.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored for its implications on South Carolina's economic growth, trade, and workforce development policies.
Key Facts
- South Carolina is a major hub for fabricated metal product manufacturing.
- This industry accounts for over 40,000 jobs in the state.
- Employment levels in this sector have remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the Fabricated Metal Product Manufacturing industry located in South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for understanding the health and competitiveness of South Carolina's durable goods manufacturing sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is closely monitored by economists and policymakers for its implications on South Carolina's economic growth, trade, and workforce development strategies.
Q: Are there update delays or limitations?
A: There may be slight delays in the data reporting due to the survey collection process, but the information is generally available on a monthly basis.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Fabricated Metal Product Manufacturing in South Carolina (SMU45000003133200001A), retrieved from FRED.