All Employees: Construction: Construction of Buildings in Indiana
SMU18000002023600001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41.90
Year-over-Year Change
-0.71%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the construction of buildings industry in Indiana. It provides valuable insight into the state's construction activity and 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
The All Employees: Construction: Construction of Buildings in Indiana metric tracks the employment levels in the construction of residential and non-residential buildings sector within the state. It is a key indicator of construction industry performance and broader economic conditions.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and construction industry analysts to assess the health of Indiana's economy.
Key Facts
- Indiana's construction industry employs over 100,000 workers.
- Building construction accounts for the largest share of Indiana's construction sector.
- Construction job growth in Indiana has outpaced the national average in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the construction of buildings industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the performance and health of Indiana's construction industry, which is a key driver of the state's overall economic growth.
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, economists, and construction industry analysts closely monitor this trend to assess the state of Indiana's economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in Indiana (SMU18000002023600001), retrieved from FRED.