Average Weekly Hours of Production Employees: Mining, Logging, and Construction in Hawaii
SMU15000001500000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35.50
Year-over-Year Change
2.01%
Date Range
1/1/2001 - 6/1/2025
Summary
The 'Average Weekly Hours of Production Employees: Mining, Logging, and Construction in Hawaii' measures the average number of hours worked per week by production employees in these key economic sectors within the state of Hawaii.
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 demands and productivity within Hawaii's mining, logging, and construction industries. It is widely used by economists, policymakers, and industry analysts to assess the state's economic conditions and make informed decisions.
Methodology
The data is collected through monthly surveys of businesses in these industries.
Historical Context
The trend helps inform policies and investments related to infrastructure, natural resource management, and workforce development in Hawaii.
Key Facts
- The average weekly hours peaked at 46.1 in April 2021.
- Weekly hours have declined from the pandemic-era high but remain above pre-COVID levels.
- The trend provides a timely signal of activity in Hawaii's resource-based industries.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by production employees in the mining, logging, and construction industries in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the labor demands and productivity within key sectors of Hawaii's economy, which is useful for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses in the mining, logging, and construction industries in Hawaii.
Q: How is this trend used in economic policy?
A: This trend helps inform policies and investments related to infrastructure, natural resource management, and workforce development in Hawaii.
Q: Are there update delays or limitations?
A: The data is reported monthly, with a typical release lag of about 1-2 months.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Mining, Logging, and Construction in Hawaii (SMU15000001500000007), retrieved from FRED.