All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Puerto Rico
SMU72000003133500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
-0.00%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of manufacturing employees in the durable goods sector, specifically in the electrical equipment, appliance, and component manufacturing industry in Puerto Rico. It provides insights into the health and activity of this key manufacturing segment.
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: Electrical Equipment, Appliance, and Component Manufacturing in Puerto Rico data series tracks the total number of employees in this manufacturing subsector. It is an important indicator of production capacity, labor market conditions, and economic performance in this critical industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely watched by policymakers, analysts, and businesses to gauge the strength of Puerto Rico's manufacturing sector and inform economic and industrial policies.
Key Facts
- Puerto Rico's electrical equipment, appliance, and component manufacturing industry employs over 10,000 workers.
- This sector accounts for nearly 15% of Puerto Rico's total manufacturing employment.
- The industry has seen steady job growth over the past decade, reflecting its importance to the island's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the electrical equipment, appliance, and component manufacturing industry, which is part of the durable goods manufacturing sector in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and activity of a key manufacturing segment in Puerto Rico, which is crucial for understanding the island's overall economic performance and industrial landscape.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, analysts, and businesses closely monitor this trend to gauge the strength of Puerto Rico's manufacturing sector and inform economic and industrial policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Durable Goods: Electrical Equipment, Appliance, and Component Manufacturing in Puerto Rico (SMU72000003133500001SA), retrieved from FRED.