All Employees: Durable Goods: Communications Equipment Manufacturing in Texas
This dataset tracks all employees: durable goods: communications equipment manufacturing in texas over time.
Latest Value
11.10
Year-over-Year Change
-15.27%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Durable Goods: Communications Equipment Manufacturing in Texas' data series measures the total number of employees in the communications equipment manufacturing industry in Texas. This indicator provides insights into the economic health and labor trends of this key manufacturing sector in the state.
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 data series tracks the monthly employment levels in the communications equipment manufacturing industry, which includes companies that produce a variety of electronic products like telephones, radios, and other communications devices. The employment figures offer a window into the production and economic activity in this industry within the state of Texas.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This industry-specific employment metric is useful for policymakers, analysts, and businesses to monitor the performance and outlook of the communications equipment manufacturing sector.
Key Facts
- Texas is a major hub for communications equipment manufacturing.
- Employment in this industry has seen fluctuations over the past decade.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total number of employees in the communications equipment manufacturing industry located in the state of Texas.
Q: Why is this trend relevant for users or analysts?
A: This employment metric provides insights into the economic health and labor trends of the communications equipment manufacturing sector, which is an important part of Texas' industrial base.
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: This industry-specific employment data is useful for policymakers, analysts, and businesses to monitor the performance and outlook of the communications equipment manufacturing sector.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Communications Equipment Manufacturing in Texas (SMU48000003133420001A), retrieved from FRED.