Average Weekly Hours of Production Employees: Trade, Transportation, and Utilities in Hawaii
SMU15000004000000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.70
Year-over-Year Change
2.51%
Date Range
1/1/2001 - 7/1/2025
Summary
The Average Weekly Hours of Production Employees in Trade, Transportation, and Utilities in Hawaii measures the average number of hours worked per week by production workers in these industries in the state.
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 trend provides insights into the labor market and economic activity in Hawaii's trade, transportation, and utilities sectors. It is a key indicator of productivity and demand for goods and services in these important industries.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this metric to evaluate the health of Hawaii's economy and inform decisions around employment, infrastructure, and other economic policies.
Key Facts
- Hawaii's trade, transportation, and utilities sector employs over 100,000 workers.
- Average weekly hours in this sector have remained relatively stable over the past decade.
- Trends in this metric can signal changes in demand for goods and services in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by production employees in Hawaii's trade, transportation, and utilities industries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the productivity and demand within these key sectors of Hawaii's economy, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate the health of Hawaii's economy and inform decisions around employment, infrastructure, and other economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Trade, Transportation, and Utilities in Hawaii (SMU15000004000000007), retrieved from FRED.