All Employees: Construction in Indiana
SMU18000002000000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
168.40
Year-over-Year Change
34.72%
Date Range
1/1/1990 - 1/1/2024
Summary
The All Employees: Construction in Indiana trend measures the number of people employed in the construction industry within the state of Indiana. This data is a key indicator of economic activity and investment in the state's construction sector.
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 in Indiana series tracks the total number of people employed in the construction industry across the state. This provides insight into the overall health and growth of Indiana's construction sector, which is an important driver of economic activity and investment.
Methodology
The data is collected through surveys of businesses and establishments in Indiana.
Historical Context
Policymakers and market analysts use this trend to assess the strength of Indiana's construction industry and broader economic conditions.
Key Facts
- Indiana is a major Midwest manufacturing hub.
- Construction is a key industry in the state's economy.
- Employment in this sector can signal broader economic trends.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Construction in Indiana trend measures the total number of people employed in the construction industry across the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and growth of Indiana's construction sector, which is an important driver of economic activity and investment in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Indiana.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the strength of Indiana's construction industry and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Federal Reserve, but may be subject to revisions or delays in reporting.
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Citation
U.S. Federal Reserve, All Employees: Construction in Indiana (SMU18000002000000001A), retrieved from FRED.