All Employees: Construction: Construction of Buildings in Hawaii
SMU15000002023600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.52
Year-over-Year Change
3.60%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the construction of buildings industry in Hawaii. It provides insights into the state's construction sector activity and economic conditions.
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 Hawaii series tracks the monthly employment levels in the building construction industry within the state of Hawaii. This data is used by economists and policymakers to monitor the health and trends of the local construction market.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is relevant for understanding Hawaii's economic performance and construction industry outlook.
Key Facts
- Hawaii's construction industry employs over 30,000 workers.
- Building construction accounts for a significant portion of Hawaii's construction sector.
- Employment in this industry tends to fluctuate with Hawaii's real estate and tourism cycles.
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 Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the health and activity of Hawaii's construction sector, which is an important component of the state'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 use this employment metric to monitor the construction industry and make informed decisions about economic and infrastructure policies in Hawaii.
Q: Are there update delays or limitations?
A: The data is subject to typical government survey and reporting delays, with a lag of several weeks or months.
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90% Confidence Interval Lower Bound of Estimate of Percent of People Age 0-17 in Poverty for Hawaii
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Citation
U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in Hawaii (SMU15000002023600001SA), retrieved from FRED.