All Employees: Construction: Construction of Buildings in North Carolina
Monthly, Seasonally Adjusted
SMU37000002023600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64.13
Year-over-Year Change
3.51%
Date Range
1/1/1990 - 7/1/2025
Summary
The Monthly, Seasonally Adjusted series measures the total number of employees on nonfarm payrolls in New York City, New York. This metric is a key indicator of economic activity and employment trends in the 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 Monthly, Seasonally Adjusted series tracks the total number of nonfarm employees in New York City on a monthly basis, with seasonal fluctuations removed. This statistic is widely used by economists, policymakers, and analysts to assess the health and trajectory of the local labor market.
Methodology
The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Historical Context
The New York City employment figure is an important input for analyzing regional and national economic conditions.
Key Facts
- New York City is the largest metro area in the United States.
- The local economy is dominated by finance, tech, and media industries.
- Employment levels in New York City are closely watched for national economic trends.
FAQs
Q: What does this economic trend measure?
A: The Monthly, Seasonally Adjusted series tracks the total number of nonfarm employees in New York City on a monthly basis, with seasonal factors removed.
Q: Why is this trend relevant for users or analysts?
A: The New York City employment figure is a key indicator of regional and national economic health, providing insights into labor market conditions and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The New York City employment figure is closely monitored by policymakers, economists, and analysts to assess the broader state of the U.S. economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU37000002023600001SA), retrieved from FRED.