All Employees: Construction: Heavy and Civil Engineering Construction in North Carolina
SMU37000002023700001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.90
Year-over-Year Change
6.04%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of all employees in the heavy and civil engineering construction industry in North Carolina. It provides important insights into the state's construction activity and economic conditions.
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: Heavy and Civil Engineering Construction in North Carolina metric tracks the total number of workers employed in this key construction sector across the state. This data point is a valuable indicator of infrastructure investment, commercial development, and overall economic growth.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the health of North Carolina's construction industry and broader economic performance.
Key Facts
- North Carolina is a major center for heavy and civil engineering construction.
- This industry employs over 40,000 workers in the state.
- Construction activity is a key driver of North Carolina's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the heavy and civil engineering construction industry across North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data point provides important insights into the health and activity of North Carolina's construction sector, which is a crucial component of the state's overall economic performance.
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 and analysts use this trend to assess the state of North Carolina's construction industry and inform decisions related to infrastructure investment, development, and economic growth strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Construction: Heavy and Civil Engineering Construction in North Carolina (SMU37000002023700001), retrieved from FRED.