All Employees: Air Transportation in Hawaii
SMU15000004348100001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.80
Year-over-Year Change
27.27%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the air transportation industry in Hawaii. It provides important insights into the state's aviation sector and broader economic activity.
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: Air Transportation in Hawaii metric tracks the total employment levels in the air transportation industry across the Hawaiian islands. This data is a key indicator of the health and performance of Hawaii's aviation and tourism-driven economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, industry analysts, and economists to assess the state of Hawaii's air travel and tourism markets.
Key Facts
- Hawaii's air transportation industry employs over 20,000 workers.
- Employment in this sector has grown by 15% over the past decade.
- Air travel is a critical driver of Hawaii's tourism-based economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees working in the air transportation industry across the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: The air transportation industry is a key component of Hawaii's tourism-driven economy, so this employment data provides important insights into the state's broader economic performance and activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this air transportation employment data to assess the health of Hawaii's tourism markets and make informed decisions around economic and infrastructure planning.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag, so it provides timely but not real-time information on employment trends.
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Citation
U.S. Federal Reserve, All Employees: Air Transportation in Hawaii (SMU15000004348100001A), retrieved from FRED.