All Employees: Construction in Arizona
AZCONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
225.50
Year-over-Year Change
1.17%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Construction in Arizona' series measures the total number of employees in the construction industry in the state of Arizona. This data is important for economists and policymakers to understand trends in the construction sector and its contribution to the overall state 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 indicator tracks the total number of workers employed in construction-related occupations and industries within the state of Arizona. It provides insights into the health and activity of the construction industry, which is a key driver of economic growth and development.
Methodology
The data is collected through monthly surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this information to monitor the construction sector and its role in the broader Arizona economy.
Key Facts
- Arizona construction employment accounts for over 5% of the state's total nonfarm payrolls.
- Construction job growth in Arizona has outpaced the national average in recent years.
- The construction industry is a major contributor to Arizona's GDP, generating over $20 billion annually.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Construction in Arizona' series tracks the total number of workers employed in the construction industry within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and activity of the construction sector, which is a key driver of economic growth and development in Arizona.
Q: How is this data collected or calculated?
A: The data is collected through monthly 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 information to monitor the construction sector and its role in the broader Arizona economy, informing decisions related to economic development, infrastructure, and housing.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Construction in Arizona (AZCONS), retrieved from FRED.