All Employees: Manufacturing: Non-Durable Goods in Wisconsin
SMU55000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
198.20
Year-over-Year Change
-0.05%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'All Employees: Manufacturing: Non-Durable Goods in Wisconsin' trend measures employment in the non-durable goods manufacturing sector within Wisconsin. This provides key insights into the strength and composition of the state's 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
This series tracks the total number of employees in non-durable goods manufacturing in Wisconsin, which includes industries like food, beverage, textile, and apparel production. It is an important indicator of economic activity and labor market conditions in the state.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health of Wisconsin's manufacturing sector and its broader economic performance.
Key Facts
- Wisconsin is a major manufacturing hub, producing over $60 billion in manufactured goods annually.
- Non-durable goods account for about 40% of Wisconsin's total manufacturing employment.
- Manufacturing supports over 450,000 jobs in Wisconsin, or nearly 15% of the state's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the non-durable goods manufacturing sector within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the strength and composition of Wisconsin's manufacturing industry, which is a crucial component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of Wisconsin's manufacturing sector and its broader economic performance, informing policy decisions and market analysis.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Wisconsin (SMU55000003200000001), retrieved from FRED.