All Employees: Transportation and Utilities in Puerto Rico
SMU72000004300000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23.90
Year-over-Year Change
63.70%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Transportation and Utilities in Puerto Rico' metric tracks the total number of people employed in the transportation and utilities sectors in Puerto Rico. This data provides insights into the strength and growth of key infrastructure-related industries in 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
This economic series measures employment levels in Puerto Rico's transportation and utilities sectors, which are crucial for supporting commerce, energy, and public services. Analysts use this data to assess the health and productivity of these vital industries within the broader Puerto Rican economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and market participants monitor this employment trend to understand infrastructure capacity and investment needs in Puerto Rico.
Key Facts
- Transportation and utilities employ over 55,000 people in Puerto Rico.
- This sector accounts for nearly 10% of total employment in Puerto Rico.
- Employment in this sector has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the transportation and utilities sectors in Puerto Rico, providing insights into the strength of these key infrastructure industries.
Q: Why is this trend relevant for users or analysts?
A: This data is important for assessing the health and growth potential of Puerto Rico's transportation and utilities sectors, which are critical for supporting the broader economy.
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 market participants monitor this employment trend to understand infrastructure capacity and investment needs in Puerto Rico.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities in Puerto Rico (SMU72000004300000001A), retrieved from FRED.