All Employees: Manufacturing: Non-Durable Goods in Rhode Island
SMS44000003200000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.10
Year-over-Year Change
-1.40%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of non-durable goods manufacturing employees in Rhode Island. It provides important insights into the health and productivity 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: Non-Durable Goods in Rhode Island metric tracks the total employment figures for non-durable goods manufacturing businesses located in the state. This data point is used by economists and policymakers to assess the strength of Rhode Island's industrial base and its overall economic performance.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by state officials, industry groups, and market analysts to gauge Rhode Island's manufacturing competitiveness and economic outlook.
Key Facts
- Rhode Island has over 23,000 non-durable goods manufacturing employees.
- Non-durable goods account for nearly 40% of the state's total manufacturing workforce.
- Manufacturing is a key driver of Rhode Island's economy, contributing over $4 billion annually.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-durable goods manufacturing employees in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for assessing the health and competitiveness of Rhode Island's manufacturing sector, which is a crucial part of the state's 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: State officials, industry groups, and market analysts closely monitor this trend to gauge Rhode Island's manufacturing competitiveness and overall economic outlook.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods in Rhode Island (SMS44000003200000001), retrieved from FRED.