Production or Nonsupervisory Employees: Retail Trade in Hawaii
SMU15000004200000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58.30
Year-over-Year Change
1.75%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic indicator tracks the number of production or nonsupervisory employees in the retail trade industry in Hawaii. It provides insights into the labor market and consumer spending trends in 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
The Production or Nonsupervisory Employees: Retail Trade in Hawaii series measures the number of workers in non-managerial roles within the retail sector of Hawaii's economy. This metric offers valuable insights into consumer demand, business activity, and broader economic conditions.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this indicator to assess the health of Hawaii's retail sector and its overall economic performance.
Key Facts
- Hawaii's retail trade employs over 100,000 workers.
- Retail is a significant component of Hawaii's service-oriented economy.
- Nonsupervisory retail employment in Hawaii has generally trended upward since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of production or nonsupervisory employees in the retail trade industry in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric offers valuable insights into consumer demand, business activity, and broader economic conditions in Hawaii.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this indicator to assess the health of Hawaii's retail sector and its overall economic performance.
Q: Are there update delays or limitations?
A: The data is reported monthly with typical release lags of several weeks.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Retail Trade in Hawaii (SMU15000004200000006), retrieved from FRED.