All Employees: Construction: Specialty Trade Contractors in Arizona
SMU04000002023800001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
143.72
Year-over-Year Change
-2.41%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend tracks the number of all employees in the construction specialty trade contractors industry in Arizona. It provides insight into the state's construction activity and labor market.
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: Specialty Trade Contractors in Arizona data series measures the total number of employees in this key construction industry within the state. It is an important indicator of construction and economic health, as specialty trade contractors represent a large portion of construction-related jobs.
Methodology
The data is collected through monthly surveys of businesses and establishments.
Historical Context
This employment trend is closely watched by economists, policymakers, and industry analysts to gauge Arizona's construction and broader economic conditions.
Key Facts
- Arizona has a large and active construction industry.
- Specialty trade contractors make up a significant portion of construction jobs.
- Employment in this sector can signal broader economic trends in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the construction specialty trade contractors industry within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This employment trend provides important insights into Arizona's construction activity and broader economic conditions, as specialty trade contractors represent a large portion of construction-related jobs.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments.
Q: How is this trend used in economic policy?
A: This employment trend is closely watched by economists, policymakers, and industry analysts to gauge Arizona's construction and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for minor delays in publication.
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Citation
U.S. Federal Reserve, All Employees: Construction: Specialty Trade Contractors in Arizona (SMU04000002023800001SA), retrieved from FRED.