All Employees: Construction: Specialty Trade Contractors in Delaware
This dataset tracks all employees: construction: specialty trade contractors in delaware over time.
Latest Value
15.90
Year-over-Year Change
1.44%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of construction specialty trade contractors employed in the state of Delaware. It provides insight into the health and activity of the construction industry within the state.
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 Delaware series tracks the total employment levels of specialty trade contractors, such as electricians, plumbers, and HVAC installers, in the construction sector of Delaware's economy. This data is used by economists and policymakers to analyze the strength of the state's construction industry and broader economic conditions.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely watched by construction industry stakeholders, state and local governments, and economic analysts to inform investment, policy, and market decisions.
Key Facts
- Delaware's construction specialty trade contractors employ over 12,000 workers.
- This sector has seen steady growth over the past 5 years.
- Specialty trade contractors make up the largest segment of Delaware's construction industry.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of construction specialty trade contractors employed in the state of Delaware, including electricians, plumbers, HVAC installers, and other specialty trades.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength and activity of Delaware's construction industry, which is a key indicator of the state's broader economic conditions and can inform investment, policy, and market decisions.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: State and local governments, as well as construction industry stakeholders, closely monitor this trend to understand market conditions and inform decisions related to investment, regulation, and economic development policies.
Q: Are there update delays or limitations?
A: This data is released on a monthly basis with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Construction: Specialty Trade Contractors in Delaware (SMU10000002023800001SA), retrieved from FRED.