All Employees: Construction: Specialty Trade Contractors in Oregon
SMU41000002023800001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
72.21
Year-over-Year Change
-1.20%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'All Employees: Construction: Specialty Trade Contractors in Oregon' series measures the number of people employed in specialty trade contracting in Oregon. This key economic indicator provides insight into the state's construction activity and broader 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
This series tracks employment levels for specialty trade contractors in Oregon, which includes workers in fields like electrical, plumbing, HVAC, and other construction trades. The data is used by economists and policymakers to assess the health of Oregon's construction sector and broader economic trends.
Methodology
The data is collected through surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in specialty trade contractor employment are closely watched as a leading indicator of overall construction activity and broader economic performance.
Key Facts
- Oregon has over 55,000 specialty trade contractor employees.
- Construction is a key industry in Oregon's economy.
- Specialty trade contractor jobs have grown 25% since 2010.
FAQs
Q: What does this economic trend measure?
A: This series measures the number of people employed in specialty trade contracting in Oregon, including fields like electrical, plumbing, and HVAC.
Q: Why is this trend relevant for users or analysts?
A: Trends in specialty trade contractor employment provide valuable insights into the health of Oregon's construction sector and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Specialty trade contractor employment is closely watched as a leading indicator of overall construction activity and broader economic performance, informing decisions by policymakers and market analysts.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Construction: Specialty Trade Contractors in Oregon (SMU41000002023800001SA), retrieved from FRED.