Average Weekly Hours of All Employees: Manufacturing in Rhode Island
SMU44000003000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.00
Year-over-Year Change
1.30%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Hours of All Employees: Manufacturing in Rhode Island measures the average number of hours worked per week by manufacturing employees in the state of Rhode Island. This metric provides insight into the productivity and output of the local manufacturing 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
This economic indicator tracks the average weekly hours worked by all employees in the manufacturing industry within Rhode Island. It serves as a barometer for the overall health and activity levels of the state's manufacturing base, which is an important component of the local economy.
Methodology
The data is collected through surveys of employers and businesses in the Rhode Island manufacturing sector.
Historical Context
Policymakers and analysts use this metric to assess the strength and trends within Rhode Island's manufacturing industry.
Key Facts
- Rhode Island's manufacturing sector accounts for over 10% of the state's GDP.
- The average weekly hours for manufacturing workers in Rhode Island has remained above the national average since 2015.
- Manufacturing is one of the largest private-sector employers in Rhode Island, providing jobs for over 40,000 workers.
FAQs
Q: What does this economic trend measure?
A: The Average Weekly Hours of All Employees: Manufacturing in Rhode Island measures the average number of hours worked per week by manufacturing employees in the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the productivity and output of Rhode Island's manufacturing sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers and businesses in the Rhode Island manufacturing sector.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength and trends within Rhode Island's manufacturing industry, which informs economic development strategies and policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 month lag, and may be subject to revisions based on updated survey responses.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Manufacturing in Rhode Island (SMU44000003000000002), retrieved from FRED.