All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Puerto Rico
SMU72000003133900001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.00
Year-over-Year Change
18.64%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the miscellaneous durable goods manufacturing industry in Puerto Rico. It provides insight into the health and activity of this key sector of the island's 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: Miscellaneous Durable Goods Manufacturing in Puerto Rico series tracks monthly employment levels in this manufacturing subsector. Economists and policymakers use this data to analyze production, investment, and labor market trends in Puerto Rico's industrial base.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend offers important context for assessing Puerto Rico's overall economic performance and recovery efforts.
Key Facts
- Miscellaneous durable goods include products like medical equipment, sporting goods, and toys.
- Puerto Rico's manufacturing sector accounts for over 40% of the island's GDP.
- Employment in this industry has seen volatility in recent years amid economic challenges.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the miscellaneous durable goods manufacturing industry located in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This employment data provides important insights into the health and performance of a key manufacturing sector in Puerto Rico's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers analyze this manufacturing employment data to assess Puerto Rico's overall economic conditions and recovery efforts.
Q: Are there update delays or limitations?
A: This data is published with a typical one-month lag by the U.S. Federal Reserve.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Miscellaneous Durable Goods Manufacturing in Puerto Rico (SMU72000003133900001A), retrieved from FRED.