All Employees: Manufacturing in Hawaii

SMU15000003000000001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

12.90

Year-over-Year Change

-5.15%

Date Range

1/1/1990 - 1/1/2024

Summary

The 'All Employees: Manufacturing in Hawaii' trend measures the total number of manufacturing employees in the state of Hawaii. This metric is important for economists and policymakers to assess the health and dynamics of Hawaii's industrial 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 the monthly changes in the total number of people employed in manufacturing industries within the state of Hawaii. Manufacturing is a key component of Hawaii's economy, and monitoring employment levels in this sector provides insight into broader economic conditions and productivity.

Methodology

The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.

Historical Context

Trends in Hawaii's manufacturing employment are closely watched by economists, policymakers, and industry analysts to gauge the state's economic performance and competitiveness.

Key Facts

  • Hawaii's manufacturing sector employs over 15,000 workers.
  • Manufacturing accounts for 2% of Hawaii's total employment.
  • The manufacturing industry in Hawaii has grown steadily over the past decade.

FAQs

Q: What does this economic trend measure?

A: The 'All Employees: Manufacturing in Hawaii' trend measures the total number of people employed in the manufacturing sector within the state of Hawaii.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for understanding the health and dynamics of Hawaii's industrial sector, which is a key component of the state's economy.

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: Trends in Hawaii's manufacturing employment are closely watched by economists, policymakers, and industry analysts to gauge the state's economic performance and competitiveness.

Q: Are there update delays or limitations?

A: The data is published monthly, with a typical release lag of several weeks.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Manufacturing in Hawaii (SMU15000003000000001A), retrieved from FRED.