All Employees: Manufacturing in Puerto Rico
SMS72000003000000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83.20
Year-over-Year Change
-1.77%
Date Range
1/1/1990 - 6/1/2025
Summary
The All Employees: Manufacturing in Puerto Rico trend measures the total number of people employed in the manufacturing sector across Puerto Rico. This key economic indicator provides insights into the health and productivity of Puerto Rico's industrial base.
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 Puerto Rico data series tracks the monthly changes in the total number of manufacturing jobs in Puerto Rico. This metric is closely watched by economists and policymakers to gauge the state of the island's industrial sector and overall economic conditions.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The manufacturing employment trend in Puerto Rico is a important input for assessing the island's economic performance and guiding policy decisions.
Key Facts
- Manufacturing accounts for over 15% of Puerto Rico's GDP.
- Puerto Rico lost over 30% of its manufacturing jobs between 2006-2016.
- The manufacturing sector employs about 75,000 people in Puerto Rico.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Manufacturing in Puerto Rico metric tracks the total number of jobs in the manufacturing sector across the island.
Q: Why is this trend relevant for users or analysts?
A: This manufacturing employment data provides important insights into the health and productivity of Puerto Rico's industrial base, which is a key driver of the island's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor the manufacturing employment trend in Puerto Rico to assess the island's overall economic performance and guide policy decisions.
Q: Are there update delays or limitations?
A: The manufacturing employment data for Puerto Rico is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing in Puerto Rico (SMS72000003000000001), retrieved from FRED.