All Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Puerto Rico
SMU72000003133400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.29
Year-over-Year Change
3.38%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the computer and electronic product manufacturing industry in Puerto Rico. It provides insight into the strength and trends of this key manufacturing sector within the local 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: Computer and Electronic Product Manufacturing in Puerto Rico series tracks the total number of workers employed in this industry on the island. It is an important indicator of activity and productivity in a critical component of Puerto Rico's manufacturing base.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is closely watched by economists and policymakers to assess the health of Puerto Rico's manufacturing industry and its overall economic trajectory.
Key Facts
- Manufacturing accounts for over 45% of Puerto Rico's GDP.
- Computer and electronic products are Puerto Rico's largest manufactured export.
- Employment in this sector declined by 15% from 2015 to 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the computer and electronic product manufacturing industry in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and productivity of a critical component of Puerto Rico's manufacturing 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 employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this employment trend to assess the performance of Puerto Rico's manufacturing sector and inform economic development strategies.
Q: Are there update delays or limitations?
A: There can be a 1-2 month delay in the release of this data, and the series may be subject to revisions based on updated survey information.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Computer and Electronic Product Manufacturing in Puerto Rico (SMU72000003133400001SA), retrieved from FRED.