All Employees: Goods Producing in Puerto Rico
SMU72000000600000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.30
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Goods Producing in Puerto Rico' trend measures the total number of employees working in the goods-producing sector, including manufacturing, construction, and mining, in the U.S. territory of Puerto Rico. This metric is a key indicator of economic activity and industrial output in the region.
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 data series tracks the monthly change in the number of people employed in goods-producing industries in Puerto Rico. It provides insights into the strength and trends of the territory's manufacturing and construction sectors, which are important drivers of the local economy.
Methodology
The data is collected through surveys of Puerto Rican businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to assess the health of Puerto Rico's industrial base and make informed decisions about economic development and policy initiatives.
Key Facts
- Puerto Rico's goods-producing sector accounts for over 17% of total employment.
- Manufacturing is the largest component of the goods-producing industry in Puerto Rico.
- Employment in the goods-producing sector has declined by 10% since 2015.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Goods Producing in Puerto Rico' trend measures the total number of people employed in the goods-producing industries, including manufacturing, construction, and mining, in the U.S. territory of Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the strength and performance of Puerto Rico's industrial base, which is a key driver of the territory's economy. Monitoring this data can help economists and policymakers make informed decisions about economic development and policy initiatives.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Puerto Rican businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the health of Puerto Rico's industrial sector and make informed decisions about economic development strategies, infrastructure investments, and policies that may impact the goods-producing industries.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Federal Reserve, with a typical release lag of 1-2 months. There may be limitations in coverage or sampling that could affect the representativeness of the data for the entire Puerto Rican economy.
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Citation
U.S. Federal Reserve, All Employees: Goods Producing in Puerto Rico (SMU72000000600000001), retrieved from FRED.