All Employees: Construction: Heavy and Civil Engineering Construction in Arizona
SMU04000002023700001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25.85
Year-over-Year Change
-0.04%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the heavy and civil engineering construction industry in Arizona. It is an important indicator of economic activity and investment in the state's infrastructure.
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 Arizona data series tracks the total number of workers employed in the heavy and civil engineering construction sector within the state of Arizona. This metric provides insight into the scale and health of Arizona's infrastructure development and capital investment.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this trend to assess the state's economic performance and investment climate.
Key Facts
- Arizona's heavy and civil engineering construction industry employs over 30,000 workers.
- This sector has seen steady growth over the past decade, reflecting investments in the state's infrastructure.
- The data is released 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 employees in the heavy and civil engineering construction industry within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and health of Arizona's infrastructure development and capital investment, which is crucial for policymakers and economists to assess the state's economic performance.
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: Policymakers and economists closely monitor this trend to evaluate the state's economic conditions and investment climate, which informs decision-making on infrastructure projects and development initiatives.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Construction: Heavy and Civil Engineering Construction in Arizona (SMU04000002023700001SA), retrieved from FRED.