All Employees: Non-Durable Goods: Paper Manufacturing in Wisconsin
SMU55000003232200001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.60
Year-over-Year Change
-13.92%
Date Range
1/1/2003 - 1/1/2024
Summary
This economic trend measures the total number of non-durable goods employees in the paper manufacturing industry in Wisconsin. It provides valuable insights into the health and productivity of a key industrial sector within the state's economy.
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: Non-Durable Goods: Paper Manufacturing in Wisconsin metric tracks the total employment levels in the paper manufacturing industry, a significant component of Wisconsin's non-durable goods production. This data is used by economists and policymakers to assess the state's industrial performance and competitiveness.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by state and federal officials to inform economic and workforce development policies.
Key Facts
- Wisconsin is a leading state for paper production in the U.S.
- The paper industry employs over 30,000 workers in Wisconsin.
- Paper manufacturing accounts for over 10% of Wisconsin's total manufacturing output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-durable goods employees in the paper manufacturing industry within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and productivity of a key industrial sector in Wisconsin, which can inform economic and workforce development policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by state and federal officials to inform economic and workforce development policies in Wisconsin.
Q: Are there update delays or limitations?
A: The data is subject to typical publication delays and may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Non-Durable Goods: Paper Manufacturing in Wisconsin (SMU55000003232200001A), retrieved from FRED.