All Employees: Information: Telecommunications in Hawaii

SMU15000005051700001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.10

Year-over-Year Change

-13.89%

Date Range

1/1/1990 - 1/1/2024

Summary

This economic trend measures employment in the telecommunications industry in Hawaii. It is an important indicator of economic activity and productivity in the state's tech 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

The All Employees: Information: Telecommunications in Hawaii series tracks the total number of people employed in the telecommunications industry in the state of Hawaii. This metric provides insight into the size and health of Hawaii's technology and communications sectors.

Methodology

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

Historical Context

Trends in telecommunications employment are closely monitored by policymakers and industry analysts for their implications on economic growth and innovation.

Key Facts

  • Hawaii's telecommunications industry employs over 5,000 workers.
  • Telecommunications jobs make up about 1% of total employment in Hawaii.
  • Hawaii's telecommunications employment has grown by 10% 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 telecommunications industry in the state of Hawaii.

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

A: Trends in telecommunications employment provide insight into the overall health and growth of Hawaii's technology and communications sectors, which are important drivers of economic activity in the state.

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 industry analysts closely monitor telecommunications employment trends to assess the state of Hawaii's technology and innovation ecosystem and make informed decisions about economic development and investment.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis with a slight delay, but provides a timely and reliable snapshot of employment in Hawaii's telecommunications industry.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Information: Telecommunications in Hawaii (SMU15000005051700001A), retrieved from FRED.