Average Weekly Hours of All Employees: Mining, Logging, and Construction in Delaware
SMU10000001500000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.40
Year-over-Year Change
1.36%
Date Range
1/1/2007 - 7/1/2025
Summary
This economic trend measures the average weekly hours worked by all employees in the mining, logging, and construction industries in the state of Delaware. It provides insights into labor market conditions and productivity in these key economic sectors.
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 Average Weekly Hours of All Employees: Mining, Logging, and Construction in Delaware metric tracks the average number of hours worked per week by employees in these industries. It is used by economists and policymakers to monitor employment, production, and labor market trends in Delaware's extractive and construction sectors.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This indicator can inform economic and workforce development policies in Delaware.
Key Facts
- Delaware's mining, logging, and construction sectors employ over 20,000 workers.
- Average weekly hours in these industries have remained above 40 hours since 2015.
- The construction industry accounts for the largest share of employment in this metric.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average number of hours worked per week by employees in the mining, logging, and construction industries in Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market conditions and productivity in key sectors of Delaware's economy, which can inform economic and workforce development policies.
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: This indicator can be used by economists and policymakers to monitor employment, production, and labor market trends in Delaware's extractive and construction sectors.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical one-month lag.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Mining, Logging, and Construction in Delaware (SMU10000001500000002), retrieved from FRED.