All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Washington
SMU53000003133600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86.00
Year-over-Year Change
-7.26%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the transportation equipment manufacturing industry within the state of Washington. It is a key indicator of manufacturing activity and economic health in the region.
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: Transportation Equipment Manufacturing in Washington series tracks the total number of workers employed in this critical manufacturing sector. It provides insights into the production capabilities and labor dynamics of the state's transportation equipment industry.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the broader manufacturing landscape and economic performance in Washington.
Key Facts
- Washington is a major hub for aerospace and automotive manufacturing.
- Transportation equipment is the largest durable goods manufacturing sector in the state.
- Employment in this industry has fluctuated with economic cycles.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the transportation equipment manufacturing industry within the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: The transportation equipment manufacturing industry is a crucial component of Washington's economy, and this trend provides insights into the health and productivity of this vital sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the broader manufacturing landscape and economic performance in Washington, which can inform decisions on economic development, workforce training, and other policy initiatives.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of a few weeks between the reference period and the publication of the latest figures.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Washington (SMU53000003133600001SA), retrieved from FRED.