Production or Nonsupervisory Employees: Wholesale Trade in Hawaii
SMU15000004100000006A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.50
Year-over-Year Change
0.00%
Date Range
1/1/2001 - 1/1/2024
Summary
This economic trend measures the number of production or nonsupervisory employees in the wholesale trade industry in Hawaii. It provides insights into labor market conditions and economic activity in this key 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 Production or Nonsupervisory Employees: Wholesale Trade in Hawaii metric tracks the number of workers in non-managerial roles within the wholesale trade industry in the state of Hawaii. It serves as an indicator of the overall health and employment trends in this important component of Hawaii's economy.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is closely watched by policymakers, analysts, and businesses to assess the strength of Hawaii's wholesale trade sector and broader economic conditions.
Key Facts
- Hawaii's wholesale trade industry employs over 25,000 workers.
- Wholesale trade accounts for nearly 5% of Hawaii's total employment.
- The number of wholesale trade employees in Hawaii has increased by 8% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of production or nonsupervisory employees working in the wholesale trade industry in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and performance of Hawaii's wholesale trade sector, which is a critical component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses closely monitor this trend to assess the overall strength of Hawaii's economy and make informed decisions about investment, employment, and other economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Wholesale Trade in Hawaii (SMU15000004100000006A), retrieved from FRED.