All Employees: Manufacturing in Utah
UTMFG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
154.90
Year-over-Year Change
1.11%
Date Range
1/1/1990 - 6/1/2025
Summary
The All Employees: Manufacturing in Utah trend measures the total number of people employed in the manufacturing sector within the state of Utah. This metric is a key indicator of economic activity and industrial output.
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 in Utah series tracks the total employment in the state's manufacturing industry. It provides insights into the overall health and productivity of Utah's industrial base, which is an important driver of the state's economy.
Methodology
The data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers monitor this trend to assess the strength of Utah's manufacturing sector and its contribution to the state's economic performance.
Key Facts
- Utah's manufacturing sector accounts for over 10% of the state's GDP.
- Manufacturing employment in Utah has grown by 20% over the past decade.
- The state's largest manufacturing industries include aerospace, electronics, and food processing.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Manufacturing in Utah trend measures the total number of people employed in the manufacturing sector within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the overall health and productivity of Utah's industrial base, which is an important driver of the state's economy.
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: Analysts and policymakers monitor this trend to assess the strength of Utah's manufacturing sector and its contribution to the state's economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing in Utah (UTMFG), retrieved from FRED.