Average Weekly Hours of All Employees: Mining, Logging, and Construction in Hawaii
SMU15000001500000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.20
Year-over-Year Change
2.33%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Hours of All Employees: Mining, Logging, and Construction in Hawaii measures the average number of hours worked per week by employees in these industries within the state.
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 indicator provides insights into the labor demand and productivity trends in Hawaii's mining, logging, and construction sectors. It is a key measure of industry activity and can inform policymakers and analysts about economic conditions in these important industries.
Methodology
The data is collected through surveys of employers and calculated as the average number of hours worked per week.
Historical Context
This trend is used to assess the health and outlook of Hawaii's construction and extraction industries.
Key Facts
- Hawaii's mining, logging, and construction industries employ over 30,000 workers.
- Average weekly hours in these sectors have increased by 5% over the past year.
- Construction is a key driver of Hawaii's economy, accounting for 8% of state GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by employees in Hawaii's mining, logging, and construction industries.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into labor demand and productivity in key sectors of Hawaii's economy, informing policymakers and analysts about economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers and calculated as the average number of hours worked per week.
Q: How is this trend used in economic policy?
A: This trend is used to assess the health and outlook of Hawaii's construction and extraction industries, which are important drivers of the state's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-month lag, and may be subject to revisions.
Similar SMU Trends
Commercial Carbon Dioxide Emissions, Motor Gasoline for Hawaii
EMISSCO2VMGCCBHIA
Gross Domestic Product: Truck Transportation (484) in Hawaii
HITRUCKTRANNGSP
Average Hourly Earnings of All Employees: Trade, Transportation, and Utilities in Hawaii
SMU15000004000000003A
Average Weekly Earnings of Production Employees: Wholesale Trade in Hawaii
SMU15000004100000030A
State Government Tax Collections, Corporations in General Licenses in Hawaii
HICORPLICTAX
State Government Tax Collections, Tobacco Products - Selective Sales Taxes in Hawaii
HITOBACTAX
Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Mining, Logging, and Construction in Hawaii (SMU15000001500000002), retrieved from FRED.