All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Washington
SMU53000003133300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.30
Year-over-Year Change
-2.05%
Date Range
1/1/1990 - 7/1/2025
Summary
The All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Washington trend measures employment in the machinery manufacturing industry in Washington state, a key indicator of economic activity and industrial production.
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 series tracks the total number of employees in the machinery manufacturing sector in Washington, which produces a wide range of industrial and commercial equipment. It provides insights into the health and performance of this important manufacturing segment within the state's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Machinery manufacturing employment is closely watched by economists and policymakers as it reflects broader manufacturing and investment trends.
Key Facts
- Washington is a major hub for machinery manufacturing.
- Machinery production accounts for a significant share of the state's manufacturing output.
- Employment in this sector is a leading indicator of investment and economic growth.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the machinery manufacturing industry in the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: Machinery manufacturing employment is an important indicator of industrial activity and investment, providing insights into the health of the manufacturing sector and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor machinery manufacturing employment as it reflects broader manufacturing and investment trends, which can inform economic policies and decisions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological limitations of the Current Employment Statistics survey.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Machinery Manufacturing in Washington (SMU53000003133300001), retrieved from FRED.