All Employees: Construction: Heavy and Civil Engineering Construction in Illinois
SMU17000002023700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.00
Year-over-Year Change
8.76%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the heavy and civil engineering construction industry in Illinois. It provides insights into the construction sector's labor market and economic activity in 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: Heavy and Civil Engineering Construction in Illinois series tracks the employment levels in the heavy and civil engineering construction industry, which includes the construction of roads, bridges, pipelines, and other large-scale infrastructure projects. This metric is closely watched by economists and policymakers to gauge the health of the construction industry and broader economic conditions in Illinois.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is used to inform economic policy decisions and private sector investment strategies related to the construction industry in Illinois.
Key Facts
- Illinois has a large and diverse construction industry.
- Heavy and civil engineering construction is a key driver of economic activity in the state.
- Employment in this sector can be an indicator of broader economic trends.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the heavy and civil engineering construction industry in Illinois, which includes the construction of roads, bridges, pipelines, and other large-scale infrastructure projects.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers to gauge the health of the construction industry and broader economic conditions in Illinois. It provides insights into the construction sector's labor market and economic activity in the state.
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: This employment trend is used to inform economic policy decisions and private sector investment strategies related to the construction industry in Illinois.
Q: Are there update delays or limitations?
A: The data is subject to the typical release schedule and potential revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Construction: Heavy and Civil Engineering Construction in Illinois (SMU17000002023700001), retrieved from FRED.