All Employees: Mining, Logging, and Construction in Connecticut
SMS09000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
63.50
Year-over-Year Change
-0.47%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the mining, logging, and construction industries in the state of Connecticut. It provides valuable insight into the health and activity of these key sectors 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
The All Employees: Mining, Logging, and Construction in Connecticut series tracks the total number of people employed in the mining, logging, and construction industries across the state. This data is widely used by economists and policymakers to assess the strength of Connecticut's industrial base and make informed decisions about investment, job creation, and economic development.
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 state and local governments, as well as by businesses and investors, to gauge the performance of Connecticut's construction and resource-extraction sectors.
Key Facts
- Connecticut's mining, logging, and construction industries employ over 80,000 workers.
- Employment in these sectors has grown by 5% over the past 5 years.
- The construction industry accounts for the largest share of jobs in this trend.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the mining, logging, and construction industries in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the strength and performance of key industrial sectors within Connecticut's economy, which is valuable information for economic policymakers, businesses, and investors.
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: State and local governments, as well as businesses and investors, closely monitor this trend to gauge the performance of Connecticut's construction and resource-extraction sectors and make informed decisions about investment, job creation, and economic development.
Q: Are there update delays or limitations?
A: There may be a short delay in the availability of the most recent data, as it is collected through employer surveys.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Connecticut (SMS09000001500000001), retrieved from FRED.