All Employees: Construction in North Carolina
NCCONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
282.30
Year-over-Year Change
3.75%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Construction in North Carolina' trend measures the total number of people employed in the construction industry in the state of North Carolina. This data is crucial for policymakers and analysts to understand the health and growth of the construction sector within the state's 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 series tracks the total number of people employed in the construction industry in North Carolina, including general contractors, specialty trade contractors, and heavy and civil engineering construction firms. It provides insight into the strength and activity of the construction sector, which is a key driver of economic growth and development within the state.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses and households.
Historical Context
This trend is closely monitored by state and local policymakers, construction industry groups, and economic analysts to assess the construction industry's performance and its broader impact on the North Carolina economy.
Key Facts
- Construction is one of the largest private-sector employers in North Carolina.
- The construction industry accounts for over 5% of the state's total GDP.
- North Carolina has seen steady growth in construction jobs since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Construction in North Carolina' trend measures the total number of people employed in the construction industry in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This trend provides crucial insight into the health and growth of the construction sector, which is a key driver of economic activity and development in North Carolina.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of businesses and households.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by state and local policymakers, construction industry groups, and economic analysts to assess the construction industry's performance and its broader impact on the North Carolina economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Construction in North Carolina (NCCONS), retrieved from FRED.