Production or Nonsupervisory Employees: Retail Trade in Washington
Monthly, Not Seasonally Adjusted
SMU53000004200000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
308.80
Year-over-Year Change
1.08%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked in the manufacturing sector in the United States. It is a key indicator of labor market conditions and production capacity.
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 monthly average weekly hours worked series provides insights into the utilization of the manufacturing workforce. It is used by economists and policymakers to assess the health of the manufacturing industry and broader economic trends.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Key Facts
- The average weekly hours worked in U.S. manufacturing was 40.5 in January 2023.
- Manufacturing accounts for about 11% of total U.S. employment.
- Average weekly hours in manufacturing have remained relatively stable since the COVID-19 pandemic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly hours worked by employees in the U.S. manufacturing sector on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The average weekly hours worked in manufacturing is a key indicator of labor market conditions and production capacity, providing insights into the health of the manufacturing industry and the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is closely monitored by the Federal Reserve and other institutions to inform economic and monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of around one month.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU53000004200000006), retrieved from FRED.