All Employees: Manufacturing: Non-Durable Goods: Chemical Manufacturing in Puerto Rico
SMU72000003232500001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.74
Year-over-Year Change
0.64%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the chemical manufacturing industry in Puerto Rico, which is an important indicator of manufacturing activity and economic health in the region.
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: Non-Durable Goods: Chemical Manufacturing in Puerto Rico data series tracks the monthly employment levels in this key manufacturing sector. It provides insight into production capacity, supply chain dynamics, and overall economic conditions.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the strength of Puerto Rico's manufacturing base and inform economic development strategies.
Key Facts
- Chemical manufacturing accounts for over 20% of Puerto Rico's total manufacturing employment.
- Employment in this sector has declined by 15% over the past decade.
- Fluctuations in chemical industry jobs often foreshadow broader trends in Puerto Rico's economy.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of employees in the chemical manufacturing industry in Puerto Rico, providing insight into production capacity and overall economic conditions in the region.
Q: Why is this trend relevant for users or analysts?
A: Chemical manufacturing is a key industry in Puerto Rico, so changes in employment in this sector can signal broader economic trends and inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength of Puerto Rico's manufacturing base and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Manufacturing: Non-Durable Goods: Chemical Manufacturing in Puerto Rico (SMU72000003232500001SA), retrieved from FRED.