All Employees: Leisure and Hospitality: Amusement, Gambling, and Recreation Industries in South Carolina
Annual, Not Seasonally Adjusted
SMU45000007071300001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.50
Year-over-Year Change
39.81%
Date Range
1/1/2003 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted employment in the manufacturing sector of the New York-Newark-Jersey City, NY-NJ-PA Metropolitan Statistical Area. It provides insights into the region's industrial labor market dynamics.
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 Annual, Not Seasonally Adjusted manufacturing employment series tracks the total number of jobs in the manufacturing industry within the New York-Newark-Jersey City metropolitan area on an annual basis. This metric is a key indicator of the region's industrial production capacity and economic health.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and industry analysts to assess the manufacturing sector's performance and inform economic decision-making.
Key Facts
- The New York-Newark-Jersey City metro area is a major manufacturing hub.
- Manufacturing accounts for over 5% of the region's total employment.
- Annual manufacturing employment has trended downward over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the annual, not seasonally adjusted employment in the manufacturing sector of the New York-Newark-Jersey City, NY-NJ-PA Metropolitan Statistical Area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the region's industrial labor market dynamics and is a key indicator of the manufacturing sector's performance and the area's overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is widely used by economists, policymakers, and industry analysts to assess the manufacturing sector's performance and inform economic decision-making.
Q: Are there update delays or limitations?
A: The data is reported on an annual basis, so there may be delays in availability compared to more frequently updated economic indicators.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU45000007071300001A), retrieved from FRED.