All Employees: Construction in Puerto Rico
SMU72000002000000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
38.89
Year-over-Year Change
4.94%
Date Range
1/1/2003 - 6/1/2025
Summary
The All Employees: Construction in Puerto Rico trend measures the total number of people employed in the construction industry in Puerto Rico. This data is important for economists and policymakers to understand the health of the local construction sector and broader economic conditions.
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 tracks the total number of employees in the construction industry in Puerto Rico on a seasonally adjusted basis. It is a key indicator of activity and investment in the construction sector, which has important linkages to other parts of the Puerto Rican economy.
Methodology
The data is collected through surveys of Puerto Rican businesses and establishments.
Historical Context
Trends in construction employment are closely monitored by policymakers, investors, and industry analysts to assess economic conditions and outlook.
Key Facts
- Construction is a major industry in Puerto Rico's economy.
- Employment in the sector fluctuates with investment and development activity.
- Trends in construction jobs can signal broader economic conditions in Puerto Rico.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Construction in Puerto Rico trend measures the total number of people employed in the construction industry in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the health of the local construction sector and broader economic conditions in Puerto Rico.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Puerto Rican businesses and establishments.
Q: How is this trend used in economic policy?
A: Trends in construction employment are closely monitored by policymakers, investors, and industry analysts to assess economic conditions and outlook.
Q: Are there update delays or limitations?
A: The data is reported on a regular schedule with minimal delays.
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Citation
U.S. Federal Reserve, All Employees: Construction in Puerto Rico (SMU72000002000000001SA), retrieved from FRED.