All Employees: Manufacturing: Non-Durable Goods in Rhode Island
SMU44000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.00
Year-over-Year Change
-1.41%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'All Employees: Manufacturing: Non-Durable Goods in Rhode Island' metric tracks the total number of non-durable goods manufacturing employees in the state of Rhode Island. This data provides valuable insights into the health and trends of Rhode Island's manufacturing 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 measures the total employment in non-durable goods manufacturing industries located in Rhode Island. It is a key indicator of economic activity and can inform policy decisions related to the state's industrial and labor market conditions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this metric to assess the performance and trajectory of Rhode Island's manufacturing industry.
Key Facts
- Rhode Island's non-durable goods manufacturing employs over 25,000 workers.
- This sector accounts for approximately 20% of the state's total manufacturing employment.
- Employment in non-durable goods manufacturing has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees in non-durable goods manufacturing industries located in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the health and performance of Rhode Island's manufacturing sector, which is an important driver 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: Policymakers and economists use this metric to assess the state of Rhode Island's manufacturing industry and inform policy decisions related to industrial and labor market conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical update delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Rhode Island (SMU44000003200000001), retrieved from FRED.