All Employees: Mining, Logging, and Construction in Oregon
SMU41000001500000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123.00
Year-over-Year Change
60.57%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the total number of employees in the mining, logging, and construction industries in the state of Oregon. It provides valuable insights into the labor market and economic activity in these key sectors.
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: Mining, Logging, and Construction in Oregon series tracks the monthly employment levels in these industries, which are important drivers of the state's economy. Economists and policymakers use this data to assess the overall health and growth of Oregon's construction, resource extraction, and related sectors.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses and establishments.
Historical Context
This trend is used to inform economic and policy decisions, as well as to analyze market conditions and investment opportunities.
Key Facts
- Oregon's mining, logging, and construction industries account for over 10% of the state's total employment.
- The trend has shown steady growth in these sectors since the 2008-2009 recession.
- Construction is the largest component, making up around 60% of the total employment in this series.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the mining, logging, and construction industries in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the health and growth of key sectors that drive Oregon's economy, making it relevant for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of businesses and establishments.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and market analysts to assess the overall conditions and growth prospects in Oregon's construction, resource extraction, and related industries.
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, All Employees: Mining, Logging, and Construction in Oregon (SMU41000001500000001A), retrieved from FRED.