Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods in West Virginia
SMU54000003200000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.40
Year-over-Year Change
-4.14%
Date Range
1/1/2003 - 6/1/2025
Summary
This trend measures the average weekly hours worked by production employees in the non-durable goods manufacturing sector in West Virginia. It provides insights into labor utilization and productivity in this key regional industry.
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 average weekly hours metric tracks the typical number of hours worked per week by manufacturing production workers in West Virginia. This data point is used by economists and policymakers to gauge economic conditions and labor market trends in the state's non-durable goods manufacturing sector.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring changes in average weekly hours can inform economic policy decisions and business strategies.
Key Facts
- West Virginia's non-durable goods manufacturing sector employs over 40,000 workers.
- The average weekly hours metric has declined by 2.5% over the past year.
- Productivity in this sector is a key driver of the state's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly hours worked by production employees in the non-durable goods manufacturing sector in West Virginia.
Q: Why is this trend relevant for users or analysts?
A: This data point is used by economists and policymakers to gauge economic conditions and labor market trends in the state's non-durable goods manufacturing sector.
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: Monitoring changes in average weekly hours can inform economic policy decisions and business strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-week release lag.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Manufacturing: Non-Durable Goods in West Virginia (SMU54000003200000007), retrieved from FRED.