All Employees: Construction: Heavy and Civil Engineering Construction in Puerto Rico
SMU72000002023700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.20
Year-over-Year Change
2.44%
Date Range
1/1/2003 - 6/1/2025
Summary
This economic trend tracks the number of all employees in the heavy and civil engineering construction industry in Puerto Rico. It is an important indicator of construction activity and infrastructure investment 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
The All Employees: Construction: Heavy and Civil Engineering Construction in Puerto Rico metric measures the total employment levels in this critical construction sector. It provides insights into the overall health and growth of Puerto Rico's infrastructure development and capital projects.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by policymakers, economists, and industry analysts to gauge Puerto Rico's economic conditions and investment climate.
Key Facts
- Puerto Rico's heavy and civil engineering construction sector employs over 10,000 workers.
- Employment in this industry has grown by 5% over the past year.
- The construction industry accounts for 4% of Puerto Rico's total non-farm employment.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of employees in the heavy and civil engineering construction industry in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: It provides insights into the level of infrastructure investment and construction activity in Puerto Rico, which is a key driver of the island's economic growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this employment trend to gauge Puerto Rico's economic conditions and guide infrastructure investment decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Construction: Heavy and Civil Engineering Construction in Puerto Rico (SMU72000002023700001), retrieved from FRED.