All Employees: Information in Rhode Island
SMS44000005000000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.40
Year-over-Year Change
-3.57%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the information sector in the state of Rhode Island. It is an important indicator of the health and growth of the state's technology and knowledge-based industries.
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: Information in Rhode Island series tracks the total employment levels in the information industry for the state. This includes jobs in sectors like technology, media, telecommunications, and data processing. Monitoring these employment figures provides insight into the overall economic conditions and competitiveness of Rhode Island's knowledge-based economy.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economic analysts use this employment trend to assess the performance and trajectory of Rhode Island's information sector.
Key Facts
- Rhode Island's information sector accounts for over 18,000 jobs as of the latest data.
- Employment in the information industry has grown by 7% in Rhode Island over the past 5 years.
- The information sector makes up approximately 4% of total non-farm employment in Rhode Island.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the information industry in the state of Rhode Island. It includes jobs in sectors like technology, media, and telecommunications.
Q: Why is this trend relevant for users or analysts?
A: Tracking employment in Rhode Island's information sector provides insight into the health and competitiveness of the state's knowledge-based economy. It is an important indicator for policymakers and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this employment trend to assess the performance and trajectory of Rhode Island's information industry, which is a key driver of the state's economic growth.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the release of the latest employment data for the information sector in Rhode Island.
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Citation
U.S. Federal Reserve, All Employees: Information in Rhode Island (SMS44000005000000001), retrieved from FRED.