Management of Companies and Enterprises Earnings in Rhode Island
RIEMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,895,297.00
Year-over-Year Change
-9.17%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Management of Companies and Enterprises Earnings in Rhode Island' series measures the total earnings, including wages and salaries, of workers in the management of companies and enterprises industry in Rhode Island. This metric provides insights into the economic health of the state's corporate sector.
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 earnings in the management of companies and enterprises industry, which includes establishments that hold the securities of companies and enterprises for the purpose of owning a controlling interest or influencing the management decisions. It serves as an important indicator of the state's corporate environment and business climate.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers and analysts to gauge Rhode Island's economic performance and competitiveness.
Key Facts
- Rhode Island's management of companies and enterprises industry employs over 20,000 workers.
- Earnings in this sector have grown by over 30% in the past decade.
- The industry accounts for approximately 4% of the state's total private-sector employment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total earnings, including wages and salaries, of workers in the management of companies and enterprises industry in Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the economic health and competitiveness of Rhode Island's corporate sector, which is closely monitored by policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers and analysts to gauge Rhode Island's economic performance and business climate, informing economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Management of Companies and Enterprises Earnings in Rhode Island (RIEMAN), retrieved from FRED.