All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Puerto Rico
SMU72000003133400001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
83.67%
Date Range
1/1/1990 - 1/1/2024
Summary
This trend measures the total number of employees in the computer and electronic product manufacturing industry in Puerto Rico. It provides insight into the strength and growth of this critical sector of the Puerto Rican economy.
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: Durable Goods: Computer and Electronic Product Manufacturing in Puerto Rico trend tracks the monthly employment levels in this manufacturing industry. It is an important indicator of industrial activity and economic conditions in Puerto Rico.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the performance and competitiveness of Puerto Rico's high-tech manufacturing sector.
Key Facts
- Puerto Rico is a major hub for computer and electronic product manufacturing.
- This industry accounts for a significant portion of the territory's GDP.
- Employment in this sector has seen fluctuations in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the computer and electronic product manufacturing industry in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the strength and performance of a critical sector of the Puerto Rican 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 analysts use this trend to assess the competitiveness and growth potential of Puerto Rico's high-tech manufacturing industry.
Q: Are there update delays or limitations?
A: The data is released monthly, but there may be occasional delays in reporting due to the survey process.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Computer and Electronic Product Manufacturing in Puerto Rico (SMU72000003133400001A), retrieved from FRED.