Average Weekly Hours of Production Employees: Wholesale Trade in Hawaii
SMU15000004100000007 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.00
Year-over-Year Change
13.37%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic indicator tracks the average weekly hours worked by production employees in the wholesale trade industry in Hawaii. It provides insights into labor market trends and productivity in this key economic 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 Average Weekly Hours of Production Employees: Wholesale Trade in Hawaii is a data series that measures the average number of hours per week worked by production employees in the wholesale trade industry within the state of Hawaii. This metric is used by economists and policymakers to analyze labor market conditions and productivity in this important economic sector.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding the state of the Hawaiian economy and can inform policy decisions related to employment, trade, and economic growth.
Key Facts
- Hawaii's wholesale trade industry employs over 25,000 workers.
- Average weekly hours have remained stable around 40 hours since 2017.
- Wholesale trade accounts for approximately 5% of Hawaii's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours per week worked by production employees in the wholesale trade industry in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor market conditions and productivity in Hawaii's wholesale trade sector, which is an important part of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions related to employment, trade, and economic growth in Hawaii.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of about one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of Production Employees: Wholesale Trade in Hawaii (SMU15000004100000007), retrieved from FRED.