All Employees: Transportation and Warehousing in Rhode Island
SMU44000004340008901A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
22.45%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Transportation and Warehousing in Rhode Island' economic trend measures the total number of people employed in the transportation and warehousing sector within the state of Rhode Island. This data is a key indicator of economic activity and the health of the logistics industry.
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 employment in Rhode Island's transportation and warehousing industries, which include businesses involved in air, rail, water, and road transportation, as well as warehousing and storage operations. It provides insight into the performance and growth of this critical economic sector.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Transportation and warehousing employment is closely watched by policymakers and analysts as it reflects broader trends in consumer demand, trade, and supply chain dynamics.
Key Facts
- Rhode Island has over 18,000 transportation and warehousing employees.
- This sector accounts for 4.4% of total employment in the state.
- Employment in this sector has grown by 9.5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the transportation and warehousing sector within the state of Rhode Island.
Q: Why is this trend relevant for users or analysts?
A: Transportation and warehousing employment is a key indicator of economic activity and the health of the logistics industry, which is critical for consumer demand, trade, and supply chain dynamics.
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 analysts closely monitor transportation and warehousing employment as it reflects broader trends in the economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
Related Trends
All Employees: Leisure and Hospitality: Accommodation in Rhode Island
SMU44000007072100001
Value of Exports to Slovenia from Rhode Island
RISVNA052SCEN
Real Gross Domestic Product: Food and Beverage and Tobacco Product Manufacturing (311-312) in Rhode Island
RIFOODBEVTOBMANRGSP
90% Confidence Interval Upper Bound of Estimate of Percent of Related Children Age 5-17 in Families in Poverty for Rhode Island
PPCIUB5T17RI44000A156NCEN
Real Gross Domestic Product: Information (51) in Rhode Island
RIINFORGSP
Total Carbon Dioxide Emissions From All Sectors, Petroleum for Rhode Island
EMISSCO2TOTVTTPERIA
Citation
U.S. Federal Reserve, All Employees: Transportation and Warehousing in Rhode Island (SMU44000004340008901A), retrieved from FRED.