All Employees: Manufacturing: Durable Goods in Puerto Rico
SMU72000003100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.60
Year-over-Year Change
1.02%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of manufacturing employees in the durable goods sector in Puerto Rico. It is a key indicator of the strength and resilience of the island's manufacturing 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
The All Employees: Manufacturing: Durable Goods in Puerto Rico series tracks the total number of workers employed in the production of durable goods, such as machinery, electronics, and transportation equipment, within Puerto Rico's manufacturing sector. This metric provides insight into the health and competitiveness of the island's industrial base.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to assess Puerto Rico's economic recovery and development.
Key Facts
- Puerto Rico's manufacturing sector accounts for over 45% of the island's GDP.
- Durable goods manufacturing makes up the largest share of Puerto Rico's industrial output.
- Employment in the durable goods manufacturing industry has declined by 20% since 2010.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the durable goods manufacturing sector in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and competitiveness of Puerto Rico's industrial base, which is a key driver of the island's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, policymakers, and industry analysts to assess Puerto Rico's economic recovery and development.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods in Puerto Rico (SMU72000003100000001), retrieved from FRED.