All Employees: Construction: Construction of Buildings in Connecticut
SMU09000002023600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.66
Year-over-Year Change
0.82%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the construction of buildings industry in the state of Connecticut. It provides an important indicator of economic activity and labor market conditions in the construction sector.
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: Construction of Buildings in Connecticut series tracks the number of employees engaged in the construction of residential, commercial, and other buildings within the state. This data is used by economists and policymakers to analyze trends in the construction industry and the broader economy.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Monitoring this employment trend can offer insights into the health of Connecticut's construction industry and overall economic performance.
Key Facts
- Construction is a key sector of Connecticut's economy.
- Employment in this industry can fluctuate with changes in housing and commercial development.
- This data is seasonally adjusted to account for typical hiring patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the construction of buildings industry in the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: Monitoring employment in the construction industry provides insights into economic activity and labor market conditions in an important sector of Connecticut's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this employment data to assess the health of Connecticut's construction industry and make informed decisions about economic development and investment.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis and is seasonally adjusted to account for typical hiring patterns.
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Citation
U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in Connecticut (SMU09000002023600001SA), retrieved from FRED.