All Employees: Construction: Specialty Trade Contractors in Maryland
Annual, Not Seasonally Adjusted
SMU24000002023800001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109.20
Year-over-Year Change
10.86%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the Houston-The Woodlands-Sugar Land, TX Metropolitan Statistical Area. It provides important insights into the underlying employment dynamics in this major U.S. metropolitan region.
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 Annual, Not Seasonally Adjusted employment level tracks the total number of jobs in the Houston metropolitan area on an annual basis, without adjusting for typical seasonal variations. This metric offers a clear picture of the region's long-term employment trends, which is crucial for economists and policymakers analyzing the health of the local labor market.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is widely used by economists, businesses, and policymakers to assess the economic performance and workforce dynamics of the Houston metropolitan area.
Key Facts
- Houston is the fourth-largest metropolitan area in the United States.
- The Houston region accounts for over 3 million jobs as of 2022.
- Employment levels in Houston have largely recovered to pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of jobs in the Houston-The Woodlands-Sugar Land, TX Metropolitan Statistical Area on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the long-term employment dynamics of the Houston metropolitan region, which is crucial for economists and policymakers analyzing the health of the local labor market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is widely used by economists, businesses, and policymakers to assess the economic performance and workforce dynamics of the Houston metropolitan area.
Q: Are there update delays or limitations?
A: The data is updated on a regular annual basis, with some potential delays in availability due to the survey collection process.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU24000002023800001A), retrieved from FRED.