All Employees: Construction: Building Equipment Contractors in Idaho
This dataset tracks all employees: construction: building equipment contractors in idaho over time.
Latest Value
20.18
Year-over-Year Change
9.96%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the building equipment contractors industry in Idaho. It provides insight into the state's construction sector activity and labor market dynamics.
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: Building Equipment Contractors in Idaho trend tracks the monthly employment levels of businesses that install or service building equipment, such as HVAC, plumbing, and electrical systems. This data is used by economists and policymakers to analyze the health and trends within the state's construction industry.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding the broader construction market and economic conditions in Idaho.
Key Facts
- Idaho is a rapidly growing state, with a booming construction sector.
- Building equipment contractors make up a significant portion of the state's construction workforce.
- Employment trends in this industry can signal changes in commercial and residential building activity.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the building equipment contractors industry in the state of Idaho, providing insight into the construction sector's labor market.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the health and dynamics of Idaho's construction industry, which is a key driver of the state's economic growth.
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 analyze this employment trend to gauge the construction market and overall economic conditions in Idaho, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a short delay in reporting.
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Citation
U.S. Federal Reserve, All Employees: Construction: Building Equipment Contractors in Idaho (SMU16000002023820001SA), retrieved from FRED.