All Employees: Manufacturing: Non-Durable Goods: Plastics Product Manufacturing in Wisconsin
SMU55000003232610001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29.84
Year-over-Year Change
-0.32%
Date Range
1/1/2003 - 7/1/2025
Summary
This economic trend measures employment in the plastics product manufacturing industry within Wisconsin's non-durable goods manufacturing sector. It provides important insights into the state's manufacturing labor market and economic conditions.
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: Non-Durable Goods: Plastics Product Manufacturing in Wisconsin series tracks the number of individuals employed in this specific manufacturing subsector across the state. It is a key indicator of production activity and workforce trends within Wisconsin's plastics manufacturing industry.
Methodology
The data is collected through establishment surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, industry analysts, and economic researchers to assess the health and competitiveness of Wisconsin's manufacturing sector.
Key Facts
- Wisconsin is a major hub for plastics manufacturing in the U.S.
- Plastics production accounts for over 10% of the state's total manufacturing jobs.
- Employment in this industry has grown by 15% in Wisconsin over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individuals employed in the plastics product manufacturing industry within Wisconsin's non-durable goods manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into the health and competitiveness of Wisconsin's manufacturing sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys 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 policymakers, industry analysts, and economic researchers to assess workforce and production trends in Wisconsin's plastics manufacturing industry.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag, so it may not reflect the most current economic conditions.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods: Plastics Product Manufacturing in Wisconsin (SMU55000003232610001SA), retrieved from FRED.