All Employees: Manufacturing: Durable Goods: Miscellaneous Manufacturing in Rhode Island
SMU44000003133900001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.60
Year-over-Year Change
-2.70%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of manufacturing employees in the durable goods and miscellaneous manufacturing sectors in Rhode Island. It provides insight into the health and activity of these key industries within the state's economy.
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: Miscellaneous Manufacturing in Rhode Island data series tracks the total number of workers employed in the durable goods and miscellaneous manufacturing industries across the state. This metric is used by economists and policymakers to assess manufacturing sector performance and labor market conditions.
Methodology
This data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in manufacturing employment are closely monitored as indicators of broader economic conditions and can inform policy decisions.
Key Facts
- Rhode Island has a long history of manufacturing
- Durable goods account for a significant portion of the state's manufacturing output
- Miscellaneous manufacturing includes a diverse range of products
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the durable goods and miscellaneous manufacturing sectors within the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing employment is a key indicator of economic activity and conditions within a state or region, making this trend important for understanding the health of Rhode Island'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: Trends in manufacturing employment are closely monitored by economists and policymakers as they can inform decisions related to economic development, workforce training, and other policy initiatives.
Q: Are there update delays or limitations?
A: This data is subject to the same publication timelines and potential revisions as other employment statistics released by the Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Miscellaneous Manufacturing in Rhode Island (SMU44000003133900001), retrieved from FRED.