Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Spain
Quarterly, Seasonally Adjusted
LFEACNTTESQ647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,503,773.00
Year-over-Year Change
9.99%
Date Range
1/1/1998 - 1/1/2025
Summary
This trend measures the total employment of U.S. construction companies on a quarterly, seasonally adjusted basis. It provides a key indicator of the health and activity within the construction industry.
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 Construction Employment Trend tracks the total number of employees working for U.S. construction firms on a quarterly, seasonally adjusted basis. It serves as an important economic indicator, reflecting the level of investment, growth, and activity in the construction sector.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, policymakers, and industry analysts to gauge the strength of the construction industry and broader economic conditions.
Key Facts
- Construction employs over 7 million workers in the U.S.
- The construction industry accounts for 4% of U.S. GDP.
- Construction employment rebounded strongly after the 2008 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment of U.S. construction companies on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: The Construction Employment Trend is a key indicator of activity and investment in the construction industry, which has significant impact on the broader economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, policymakers, and industry analysts to gauge the strength of the construction industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFEACNTTESQ647S), retrieved from FRED.