All Employees: Construction: Construction of Buildings in North Carolina

SMU37000002023600001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

64.90

Year-over-Year Change

3.51%

Date Range

1/1/1990 - 7/1/2025

Summary

The 'All Employees: Construction: Construction of Buildings in North Carolina' trend measures the total number of employees in the construction of buildings industry in North Carolina. This data provides valuable insights into the state's construction sector and overall economic activity.

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 employment indicator tracks the number of workers in the construction of buildings industry in North Carolina. It is an important metric for understanding the health and growth of the state's construction sector, which is a key driver of economic development and investment.

Methodology

The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.

Historical Context

This trend is closely monitored by policymakers, economists, and industry analysts to assess the strength of North Carolina's construction market and overall economic conditions.

Key Facts

  • North Carolina is a major hub for construction activity in the Southeast.
  • The construction industry accounts for over 200,000 jobs in the state.
  • Building construction employment has grown steadily in North Carolina over the past decade.

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 North Carolina.

Q: Why is this trend relevant for users or analysts?

A: This indicator provides valuable insights into the health and growth of North Carolina's construction sector, which is a key driver of economic development and investment in the state.

Q: How is this data collected or calculated?

A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Policymakers, economists, and industry analysts closely monitor this trend to assess the strength of North Carolina's construction market and overall economic conditions.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions over time.

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Citation

U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in North Carolina (SMU37000002023600001), retrieved from FRED.