All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Puerto Rico
SMU72000004142400001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
1.60%
Date Range
1/1/2003 - 6/1/2025
Summary
This economic trend measures the total number of employees in the wholesale trade industry, specifically merchant wholesalers of nondurable goods, in Puerto Rico. It provides insights into the health and activity of this key economic sector.
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: Merchant Wholesalers, Nondurable Goods in Puerto Rico trend tracks the employment levels in the wholesale trade industry, which is a critical component of the island's distribution and logistics infrastructure. This metric is closely watched by economists and policymakers to gauge business conditions and economic performance.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by analysts and institutions to assess the broader economic environment and inform policy decisions in Puerto Rico.
Key Facts
- Puerto Rico's wholesale trade industry employs over 20,000 people.
- Nondurable goods account for the majority of wholesale trade activity in Puerto Rico.
- Wholesale trade employment in Puerto Rico has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the wholesale trade industry, specifically merchant wholesalers of nondurable goods, in Puerto Rico.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and activity of the wholesale trade sector, a key component of Puerto Rico's distribution and logistics infrastructure, which is closely watched by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by analysts and institutions to assess the broader economic environment and inform policy decisions in Puerto Rico.
Q: Are there update delays or limitations?
A: The data is published monthly, with potential for some delay in reporting.
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Citation
U.S. Federal Reserve, All Employees: Wholesale Trade: Merchant Wholesalers, Nondurable Goods in Puerto Rico (SMU72000004142400001), retrieved from FRED.