All Employees: Manufacturing: Non-Durable Goods in Utah
Annual, Not Seasonally Adjusted
SMU49000003200000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.20
Year-over-Year Change
36.30%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the annual, not seasonally adjusted employment in the St. Louis, MO-IL metropolitan area. It provides important insights into local labor market dynamics and economic conditions.
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 workers in the St. Louis metropolitan area on an annual basis, without adjusting for seasonal factors. This gives a clear picture of long-term employment trends and regional economic performance.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the strength of the St. Louis economy and make informed decisions.
Key Facts
- The St. Louis metro area has a population of over 2.8 million.
- Manufacturing is a major industry, accounting for over 10% of local employment.
- The annual unemployment rate in St. Louis was 3.7% as of the latest data.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total annual employment in the St. Louis, MO-IL metropolitan area, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the long-term strength and dynamics of the St. Louis regional labor market, which is crucial for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the overall health of the St. Louis economy and make informed decisions regarding economic development, workforce, and other policies.
Q: Are there update delays or limitations?
A: The data is published annually with a lag of several months, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU49000003200000001A), retrieved from FRED.