All Employees: Manufacturing in Rhode Island
RIMFG • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.00
Year-over-Year Change
-0.25%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Manufacturing in Rhode Island' economic trend measures the total number of manufacturing employees in the state of Rhode Island. This metric is closely watched by economists and policymakers as an indicator of the health of the state's manufacturing sector.
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: Manufacturing in Rhode Island' series tracks the total number of employees working in the manufacturing industry within the state. This provides insight into the size and strength of Rhode Island's manufacturing base, which has historically been an important component of the state's economy.
Methodology
The data is collected and published monthly by the U.S. Bureau of Labor Statistics.
Historical Context
This manufacturing employment metric is used by analysts, investors, and policymakers to assess the economic conditions and outlook for Rhode Island.
Key Facts
- Rhode Island has a long history of manufacturing dating back to the industrial revolution.
- Manufacturing accounts for over 10% of Rhode Island's total employment.
- The state's manufacturing sector was significantly impacted by the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Manufacturing in Rhode Island' trend measures the total number of people employed in the manufacturing industry within the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and performance of Rhode Island's manufacturing sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and published monthly by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this manufacturing employment data to assess the economic conditions and outlook for Rhode Island, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The manufacturing employment data is published on a monthly basis, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing in Rhode Island (RIMFG), retrieved from FRED.