All Employees: Manufacturing in Utah
Annual, Not Seasonally Adjusted
SMU49000003000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
153.10
Year-over-Year Change
30.74%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures annual, not seasonally adjusted employment levels in the U.S. It provides insight into long-term employment patterns without the distortions of seasonal fluctuations.
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 employment series tracks the total number of employed persons in the United States on an annual basis, without adjusting for regular seasonal variations. This data is used by economists and policymakers to analyze broader labor market trends and the overall health of the U.S. economy.
Methodology
The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Historical Context
This employment metric is a key input for monitoring economic conditions and informing policy decisions.
Key Facts
- Annual employment reached a record high of 152.5 million in 2019.
- Employment declined sharply in 2020 due to the COVID-19 pandemic.
- The services sector accounts for the majority of U.S. employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employed persons in the United States on an annual basis, without adjusting for regular seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into long-term employment patterns and the overall health of the U.S. labor market, which is a key indicator of economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Population Survey, a monthly household survey conducted by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This employment metric is a key input for monitoring economic conditions and informing policy decisions by governments, central banks, and other institutions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag, and may be subject to revisions as more information becomes available.
Related Trends
Real Gross Domestic Product: Plastics and Rubber Products Manufacturing (326) in Utah
UTPLASRUBMANRGSP
Gross Domestic Product: Mining (Except Oil and Gas) (212) in Utah
UTMINEXOILGASNGSP
Leading Index for Utah
UTSLIND
Gross Domestic Product: Arts, Entertainment, Recreation, Accommodation, and Food Services (71, 72) in Utah
UTARTETRTACCFDNGSP
Regional Price Parities: Services: Other: Nonmetropolitan Portion for Utah
UTNMPRPPSERVEOTH
All Employees: Transportation and Utilities: Transportation and Warehousing in Utah
SMU49000004340008901SA
Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU49000003000000001A), retrieved from FRED.