All Employees: Construction: Construction of Buildings in Wisconsin
Annual, Not Seasonally Adjusted
SMU55000002023600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.00
Year-over-Year Change
51.38%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the U.S. manufacturing sector. It provides important insights into the overall health and dynamics of the domestic manufacturing 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 Annual, Not Seasonally Adjusted employment series tracks the total number of jobs in the U.S. manufacturing sector on an annual basis, without adjusting for seasonal variations. This data point is widely used by economists and policymakers to assess the long-term trajectory of the manufacturing industry and its contribution to the broader economy.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other institutions to inform economic and policy decisions.
Key Facts
- The U.S. manufacturing sector employs over 12 million workers.
- Manufacturing accounts for about 11% of total U.S. employment.
- Manufacturing productivity has increased by over 50% since 2000.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of jobs in the U.S. manufacturing sector on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This data point is widely used by economists and policymakers to assess the long-term health and trajectory of the U.S. manufacturing industry, which is a key driver of economic growth and productivity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by the Federal Reserve and other institutions to inform economic and policy decisions related to the manufacturing sector and its broader impact on the U.S. economy.
Q: Are there update delays or limitations?
A: The data is published on an annual basis, with some delay in the release compared to the reference period.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU55000002023600001A), retrieved from FRED.