All Employees: Financial Activities in Virginia
Annual, Not Seasonally Adjusted
SMU51000005500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
220.90
Year-over-Year Change
17.31%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic indicator tracks the annual, not seasonally adjusted manufacturing employment in the United States. It provides insights into the health and trends of the U.S. manufacturing sector.
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 measures the total number of persons employed in the manufacturing industry in the U.S. without adjusting for seasonal fluctuations. It is a key indicator of the overall state of the manufacturing economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by policymakers, economists, and market analysts to assess the strength and direction of the U.S. manufacturing industry.
Key Facts
- Manufacturing employs over 12 million workers in the U.S.
- Manufacturing accounts for over 11% of U.S. GDP.
- The U.S. is the world's second-largest manufacturer after China.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of persons employed in the manufacturing industry in the United States on an annual, not seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key metric for assessing the health and direction of the U.S. manufacturing sector, which is a vital part of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts closely monitor this metric to gauge the strength of the U.S. manufacturing industry and inform economic policies and decisions.
Q: Are there update delays or limitations?
A: This data is published monthly with a lag of several weeks, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU51000005500000001A), retrieved from FRED.