All Employees: Construction: Heavy and Civil Engineering Construction in Alabama
SMU01000002023700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.70
Year-over-Year Change
2.75%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the heavy and civil engineering construction industry in Alabama. It is an important indicator of activity and labor demand in a key sector of 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: Construction: Heavy and Civil Engineering Construction in Alabama series tracks the total number of people employed in this specialized construction industry within the state. This metric provides insight into the overall health and output of this crucial component of Alabama's construction sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in heavy and civil engineering construction employment are closely watched by policymakers, industry analysts, and economic forecasters.
Key Facts
- Alabama has a large and active heavy and civil engineering construction industry.
- Employment in this sector can signal infrastructure investment and public works projects.
- The data is published monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the heavy and civil engineering construction industry within the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into activity and labor demand in a key sector of Alabama's economy, which is closely watched by policymakers, industry analysts, and economic forecasters.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in heavy and civil engineering construction employment are used by policymakers, analysts, and forecasters to gauge infrastructure investment, public works projects, and overall economic conditions in Alabama.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with some potential for minor delays in release.
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Citation
U.S. Federal Reserve, All Employees: Construction: Heavy and Civil Engineering Construction in Alabama (SMU01000002023700001), retrieved from FRED.