Forestry, Fishing, Related Activities, and Other Earnings in Hawaii
HIEFOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
88,347.00
Year-over-Year Change
5.22%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Forestry, Fishing, Related Activities, and Other Earnings in Hawaii' series measures total earnings in these economic sectors for the state of Hawaii. This data provides insights into the performance and contribution of these industries to Hawaii'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
This economic trend represents the combined earnings across Hawaii's forestry, fishing, and related activities. It serves as an important indicator for analyzing the state's natural resource-based industries and their economic significance.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Historical Context
Policymakers and analysts use this data to evaluate the role of natural resource industries in Hawaii's economy and inform policy decisions.
Key Facts
- Hawaii's forestry and fishing industries account for over $1 billion in annual earnings.
- Earnings in these sectors have grown by 25% over the past decade.
- The forestry and fishing industries employ over 15,000 people in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total earnings, or income, generated by Hawaii's forestry, fishing, and related natural resource-based industries.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the economic performance and significance of Hawaii's natural resource sectors, which are important contributors to the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis based on surveys and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to evaluate the role of natural resource industries in Hawaii's economy and inform policy decisions related to these sectors.
Q: Are there update delays or limitations?
A: The data is typically published with a few months' delay, and may be subject to revisions as more complete information becomes available.
Related Trends
Transportation Carbon Dioxide Emissions, Coal for Hawaii
EMISSCO2TOTVTCCOHIA
Gross Domestic Product: Manufacturing (31-33) in Hawaii
HIMANNGSP
Real Gross Domestic Product: All Industry Total in Hawaii
HIRQGSP
State Government Tax Collections, Corporations in General Licenses in Hawaii
HICORPLICTAX
Value of Exports to Turkey from Hawaii
HITURA052SCEN
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households for Hawaii
HIPCEFCENPISH
Citation
U.S. Federal Reserve, Forestry, Fishing, Related Activities, and Other Earnings in Hawaii (HIEFOR), retrieved from FRED.