Average Weekly Hours of All Employees: Construction in Indiana
SMU18000002000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37.90
Year-over-Year Change
-2.82%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Hours of All Employees: Construction in Indiana measures the average number of hours worked per week by construction workers in the state. This data provides insight into the health and activity of the construction industry, which is a key driver of economic growth.
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
This economic indicator tracks the average number of hours worked per week by all employees in the construction industry in Indiana. It serves as a measure of labor input and production capacity, and is used by economists and policymakers to assess the state of the construction sector and its broader economic implications.
Methodology
The data is collected through surveys of construction businesses in Indiana conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in average weekly hours can inform decisions on economic policy, infrastructure investment, and the overall health of the construction industry.
Key Facts
- Indiana's construction industry employs over 150,000 workers.
- The average weekly hours peaked at 41.9 in December 2021.
- Construction is a leading indicator of economic growth and activity.
FAQs
Q: What does this economic trend measure?
A: The Average Weekly Hours of All Employees: Construction in Indiana measures the average number of hours worked per week by construction workers in the state.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the health and activity of the construction industry, which is a key driver of economic growth. Trends in average weekly hours can inform decisions on economic policy, infrastructure investment, and the overall state of the construction sector.
Q: How is this data collected or calculated?
A: The data is collected through surveys of construction businesses in Indiana conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in average weekly hours in the construction industry are used by economists and policymakers to assess the state of the construction sector and its broader economic implications, informing decisions on economic policy, infrastructure investment, and more.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Construction in Indiana (SMU18000002000000002), retrieved from FRED.