All Employees: Manufacturing: Durable Goods in Hawaii
SMU15000003100000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.40
Year-over-Year Change
-5.56%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Manufacturing: Durable Goods in Hawaii' trend tracks the total number of employees in the durable goods manufacturing sector in the state of Hawaii over time. This metric provides insights into the health and output of Hawaii's manufacturing industry.
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 economic indicator represents the total number of people employed in the production of durable goods, such as machinery, computers, and transportation equipment, within Hawaii's manufacturing sector. It is an important measure of economic activity and productivity in the state.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the strength of Hawaii's manufacturing industry and make informed decisions about economic development, trade, and workforce policies.
Key Facts
- Hawaii's durable goods manufacturing sector employs over 12,000 people.
- Durable goods production accounts for 3.2% of Hawaii's total employment.
- Manufacturing employment in Hawaii has increased by 7.5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the production of durable goods, such as machinery, computers, and transportation equipment, within Hawaii's manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and output of Hawaii's manufacturing industry, which is an important contributor to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the strength of Hawaii's manufacturing industry and make informed decisions about economic development, trade, and workforce policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of around one month.
Related Trends
Average Hourly Earnings of Production Employees: Food Services and Drinking Places in Hawaii
SMU15000007072200008A
Coefficient for Residential Carbon Dioxide Emissions, LPG (Fuel Use) for Hawaii
EMISSCO2CHLRCBHIA
State Government Tax Collections, Total Taxes in Hawaii
HITOTLTAX
Transportation Carbon Dioxide Emissions, Motor Gasoline for Hawaii
EMISSCO2VMGACBHIA
Average Weekly Earnings of All Employees: Education and Health Services in Hawaii
SMU15000006500000011A
Gross Domestic Product: Wholesale Trade (42) in Hawaii
HIWHOLENGSP
Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in Hawaii (SMU15000003100000001A), retrieved from FRED.