All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Rhode Island
SMU44000003133600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.46
Year-over-Year Change
3.62%
Date Range
1/1/2003 - 7/1/2025
Summary
This economic trend measures the number of employees in the durable goods transportation equipment manufacturing industry in Rhode Island. It provides insight into the state's manufacturing sector and economic activity.
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 All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Rhode Island series tracks the total number of workers employed in this key manufacturing industry within the state. It is an important indicator of production capacity, labor market conditions, and economic performance.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is utilized by economists, policymakers, and analysts to assess the health and trajectory of Rhode Island's manufacturing industry and broader economy.
Key Facts
- Rhode Island has a long history of transportation equipment manufacturing.
- This industry accounts for a significant portion of the state's overall manufacturing employment.
- Trends in this series can signal changes in Rhode Island's economic competitiveness.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the durable goods transportation equipment manufacturing industry within the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the performance and outlook of a key manufacturing sector in Rhode Island, which has important implications for the state's overall economic health and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the state of Rhode Island's manufacturing industry and inform decisions related to economic development, workforce training, and business support programs.
Q: Are there update delays or limitations?
A: The data is subject to typical government data release schedules and may experience minor revisions over time, but generally provides timely and reliable insights into this important economic indicator.
Related Trends
Value of Exports to Switzerland from Rhode Island
RICHEA052SCEN
Personal Consumption Expenditures: Goods for Rhode Island
RIPCEG
Housing Inventory: Pending Listing Count Year-Over-Year in Rhode Island
PENLISCOUYYRI
Residence Adjustment in Rhode Island
RIEADJ
Real Gross Domestic Product: Support Activities for Mining (213) in Rhode Island
RISAMINRGSP
Monthly State Retail Sales: Miscellaneous Store Retailers in Rhode Island
MSRSRI453
Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Transportation Equipment Manufacturing in Rhode Island (SMU44000003133600001SA), retrieved from FRED.