All Employees: Construction: Construction of Buildings in Oregon
SMU41000002023600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.77
Year-over-Year Change
1.30%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the construction of buildings industry in Oregon. It provides insight into the state's construction activity and economic growth.
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: Construction of Buildings in Oregon series tracks the monthly employment levels in the construction of buildings sector within the state of Oregon. This data is used by economists and policymakers to analyze the health and trends of the state's construction industry.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding Oregon's real estate, infrastructure, and overall economic conditions.
Key Facts
- Oregon's construction industry employs over 80,000 workers.
- Construction employment in Oregon has grown by 20% since 2015.
- The construction of buildings sector accounts for 40% of Oregon's total construction jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the construction of buildings industry within the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the health and growth of Oregon's construction industry, which is an important driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment data to monitor the construction industry's contribution to Oregon's overall economic conditions and development.
Q: Are there update delays or limitations?
A: The data is released with a one-month lag, so the most recent month's information may not be immediately available.
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Citation
U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in Oregon (SMU41000002023600001SA), retrieved from FRED.