All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Wisconsin
SMU55000003133600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24.89
Year-over-Year Change
-1.95%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the total number of employees in the durable goods transportation equipment manufacturing industry in the state of Wisconsin. It provides insights into the health and dynamics of this key manufacturing sector.
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 Wisconsin series measures the total number of non-farm payroll employees in this specific manufacturing industry and geographic region. It is a valuable indicator of economic activity, productivity, and employment trends within this important component of the state's manufacturing base.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the competitiveness and outlook of Wisconsin's transportation equipment manufacturing sector.
Key Facts
- Wisconsin is a major hub for transportation equipment manufacturing.
- This sector accounts for a significant portion of the state's total manufacturing output.
- Employment levels in this industry can signal broader economic trends in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-farm payroll employees in the durable goods transportation equipment manufacturing industry in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and dynamics of a key manufacturing sector in Wisconsin, which has important implications for the state's broader economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess the competitiveness and outlook of Wisconsin's transportation equipment manufacturing sector, which informs economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a short delay in reporting, but it provides a timely and reliable indicator of employment trends in this industry.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Wisconsin (SMU55000003133600001SA), retrieved from FRED.