All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in Washington
SMU53000003132100001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.80
Year-over-Year Change
-3.03%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the wood product manufacturing industry in the state of Washington. It is a key indicator of production and economic activity in this important 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 All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in Washington data series tracks the total employment levels in this industry over time. It provides insights into the health and output of a crucial component of the state's manufacturing base.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this indicator to assess the strength of Washington's wood products manufacturing industry and its broader economic implications.
Key Facts
- Washington is a major producer of wood products in the U.S.
- Employment in this industry has fluctuated over the past decade.
- The wood products sector is a significant contributor to the state's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the wood product manufacturing industry in the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the health and output of a crucial component of Washington's manufacturing base, which is important for policymakers and economists to monitor.
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: Policymakers and economists use this indicator to assess the strength of Washington's wood products manufacturing industry and its broader economic implications.
Q: Are there update delays or limitations?
A: The data is subject to the regular update schedule and potential limitations of the U.S. Bureau of Labor Statistics survey process.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Wood Product Manufacturing in Washington (SMU53000003132100001), retrieved from FRED.