All Employees: Mining and Logging in Arizona
AZNRMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.80
Year-over-Year Change
7.48%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Mining and Logging in Arizona' trend measures the total number of employees in the mining and logging industries within the state of Arizona. This metric is crucial for economists and policymakers to assess the health and performance of Arizona's resource extraction 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
This data series tracks employment levels in Arizona's mining and logging industries, which encompass activities such as oil and gas extraction, coal mining, and timber harvesting. It provides insight into the economic vitality of these natural resource-based sectors and helps inform policy decisions related to energy, natural resources, and economic development.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of business establishments.
Historical Context
Policymakers and analysts use this trend to monitor the economic conditions and labor market dynamics in Arizona's resource extraction industries.
Key Facts
- Arizona is a major producer of copper, coal, and other minerals.
- The mining and logging industries account for over 20,000 jobs in Arizona.
- Employment in these sectors has fluctuated due to commodity price changes.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Mining and Logging in Arizona' trend measures the total number of people employed in the mining and logging industries within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insight into the economic performance and labor market dynamics of Arizona's resource extraction sectors, which are crucial for the state's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of business establishments in Arizona.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to monitor the conditions in Arizona's mining and logging industries, which inform decisions related to energy, natural resources, and economic development.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be slight delays in reporting due to the survey-based collection methodology.
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Citation
U.S. Federal Reserve, All Employees: Mining and Logging in Arizona (AZNRMN), retrieved from FRED.