Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Manufacturing for Sweden
Monthly, Not Seasonally Adjusted
SWEPRMNTO01IXOBM • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118.70
Year-over-Year Change
-5.19%
Date Range
1/1/1955 - 12/1/2023
Summary
This economic trend measures the total employment level in the manufacturing sector of the U.S. economy on a monthly basis without seasonal adjustments. It provides valuable insights into the state of the manufacturing labor market.
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 Manufacturing Employment index tracks the total number of people employed in the manufacturing industry in the United States. This metric is closely watched by economists and policymakers as a key indicator of the health and performance of the broader U.S. economy.
Methodology
The data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
The Manufacturing Employment index is used to analyze labor market trends and inform economic 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 employment has declined over the past two decades.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the manufacturing sector of the U.S. economy on a monthly basis without seasonal adjustments.
Q: Why is this trend relevant for users or analysts?
A: The Manufacturing Employment index is a key indicator of the health and performance of the broader U.S. economy, providing valuable insights into labor market trends in the manufacturing sector.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Manufacturing Employment index is used by economists and policymakers to analyze labor market trends and inform economic policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of a few weeks after the end of the reference month.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SWEPRMNTO01IXOBM), retrieved from FRED.