All Employees: Wholesale Trade in Puerto Rico
SMU72000004100000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34.50
Year-over-Year Change
2.07%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic indicator tracks the total number of employees in the wholesale trade industry in Puerto Rico. It provides insights into the health and activity of this key sector of the Puerto Rican 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: Wholesale Trade in Puerto Rico series measures the monthly employment levels in the wholesale trade industry across the island. It is a valuable indicator of economic conditions and business confidence in Puerto Rico's wholesale distribution networks.
Methodology
The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to gauge the strength of Puerto Rico's commercial activity and distribution networks.
Key Facts
- Puerto Rico's wholesale trade industry employs over 25,000 workers.
- Wholesale trade accounts for over 6% of Puerto Rico's total employment.
- This metric has shown steady growth since the early 2010s.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employees working in the wholesale trade industry across Puerto Rico on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The wholesale trade sector is a key driver of Puerto Rico's economy, so this metric provides valuable insights into overall business and economic conditions on the island.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted 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 gauge the strength of Puerto Rico's commercial activity and distribution networks, which informs economic development strategies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade in Puerto Rico (SMU72000004100000001), retrieved from FRED.