All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Puerto Rico
SMU72000003133200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-2.46%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the durable goods manufacturing sector, specifically in fabricated metal product manufacturing, in Puerto Rico. It is an important indicator of the strength and productivity of the local 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: Fabricated Metal Product Manufacturing in Puerto Rico trend tracks the total number of workers employed in the fabricated metal product manufacturing industry within the broader durable goods manufacturing sector in Puerto Rico. This metric provides insight into the health and dynamics of this key segment of the local economy.
Methodology
The data is collected through surveys of Puerto Rico businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the manufacturing sector's contribution to Puerto Rico's economic performance.
Key Facts
- Manufacturing accounts for over 10% of Puerto Rico's GDP.
- Fabricated metal products are a key component of Puerto Rico's durable goods exports.
- Employment in this sector has seen fluctuations over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the fabricated metal product manufacturing industry, which is part of the broader durable goods manufacturing sector, in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and productivity of a key manufacturing segment in Puerto Rico, which is crucial for understanding the island's overall economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Puerto Rico businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess the manufacturing sector's contribution to Puerto Rico's economic growth and development, and to inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be occasional delays in publication due to data collection and processing.
Related Trends
All Employees: Financial Activities in Puerto Rico
SMU72000005500000001
All Employees: Transportation and Utilities in Puerto Rico
SMU72000004300000001A
All Employees: Financial Activities: Real Estate and Rental and Leasing in Puerto Rico
SMU72000005553000001
All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Puerto Rico
SMU72000004142400001A
All Employees: Financial Activities: Insurance Carriers and Related Activities in Puerto Rico
SMU72000005552400001SA
All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Puerto Rico
SMU72000004300000001
Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Fabricated Metal Product Manufacturing in Puerto Rico (SMU72000003133200001SA), retrieved from FRED.