All Employees: Construction: Other Specialty Trade Contractors in Oregon
This dataset tracks all employees: construction: other specialty trade contractors in oregon over time.
Latest Value
9.66
Year-over-Year Change
-2.97%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the number of employees in the other specialty trade contractors industry in Oregon. It is an important indicator of construction activity and economic conditions in the state.
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: Other Specialty Trade Contractors in Oregon series tracks the total number of employees in this construction sub-sector across the state. This metric provides insight into the overall health and growth of the construction industry, which is a key driver of economic activity.
Methodology
The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to assess the strength of the construction sector and broader economic conditions in Oregon.
Key Facts
- Oregon has a large and diverse construction industry.
- Other specialty trade contractors include electrical, plumbing, and HVAC firms.
- This sector was impacted by the COVID-19 pandemic but has since recovered.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the other specialty trade contractors industry within the construction sector in Oregon.
Q: Why is this trend relevant for users or analysts?
A: The number of employees in this construction sub-sector provides insight into the overall health and growth of the industry, which is a key driver of economic activity in Oregon.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the strength of the construction sector and broader economic conditions in Oregon.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Construction: Other Specialty Trade Contractors in Oregon (SMU41000002023890001SA), retrieved from FRED.