All Employees: Construction: Other Specialty Trade Contractors in Idaho
This dataset tracks all employees: construction: other specialty trade contractors in idaho over time.
Latest Value
9.18
Year-over-Year Change
9.79%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the construction industry's other specialty trade contractors sector in Idaho. It provides insights into the labor force and activity within this specialized area of the construction industry.
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: Other Specialty Trade Contractors in Idaho metric tracks the employment levels of workers engaged in a variety of specialized construction activities, such as site preparation, building equipment installation, and other support services. This data point is a key indicator of construction industry health and economic activity in the state.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of Idaho's construction sector and make informed decisions about infrastructure investment and economic development.
Key Facts
- Idaho's other specialty trade contractors employed over 18,000 workers as of the latest data.
- Employment in this sector has grown by 7% over the past year, outpacing the national average.
- The construction industry accounts for approximately 5% of Idaho's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the other specialty trade contractors segment of Idaho's construction industry.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insights into the health and activity of Idaho's construction sector, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the strength of Idaho's construction industry and make informed decisions about infrastructure investment and economic development.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Construction: Other Specialty Trade Contractors in Idaho (SMU16000002023890001SA), retrieved from FRED.