All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Rhode Island
SMS44000004300000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.40
Year-over-Year Change
6.67%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the transportation, warehousing, and utilities industries in Rhode Island. It provides key insights into the state's logistics and infrastructure sectors.
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: Transportation and Utilities: Transportation, Warehousing, and Utilities in Rhode Island series tracks the total employment levels across these important economic activities. It is a valuable indicator of the scale and vitality of Rhode Island's transportation and utility systems.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the state's economic performance and infrastructure capacity.
Key Facts
- Rhode Island has over 31,000 employees in transportation, warehousing, and utilities.
- Employment in this sector has grown by 5% over the past 5 years.
- The transportation and utilities industries account for 7.5% of Rhode Island's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the transportation, warehousing, and utilities industries in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the scale and performance of Rhode Island's critical logistics and infrastructure sectors, which are key drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this trend to assess the state's economic competitiveness, infrastructure capacity, and investment needs.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag and may be subject to minor revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Rhode Island (SMS44000004300000001), retrieved from FRED.