All Employees: Mining and Logging: Mining, Quarrying, and Oil and Gas Extraction in Pennsylvania
SMU42000001021000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.04
Year-over-Year Change
0.42%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the mining, quarrying, and oil and gas extraction industries in Pennsylvania. It is an important indicator of economic activity and employment in the state's energy and natural resource 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 and Logging: Mining, Quarrying, and Oil and Gas Extraction in Pennsylvania data series tracks the total number of workers employed in these key industries within the state. This metric provides valuable insights into the health and performance of Pennsylvania's energy and natural resource-based economy.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is closely monitored by policymakers, industry analysts, and investors to assess the strength of Pennsylvania's energy and extraction sectors.
Key Facts
- Pennsylvania is a major energy-producing state.
- The mining and extraction industries are a significant employer in the state.
- Employment in these sectors can impact Pennsylvania's broader economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the mining, quarrying, and oil and gas extraction industries located in the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This employment metric is an important indicator of economic activity and performance in Pennsylvania's energy and natural resource sectors, which are key drivers 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: This employment trend is closely monitored by policymakers, industry analysts, and investors to assess the strength of Pennsylvania's energy and extraction sectors and their impact on the broader state economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical one-month delay.
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Citation
U.S. Federal Reserve, All Employees: Mining and Logging: Mining, Quarrying, and Oil and Gas Extraction in Pennsylvania (SMU42000001021000001SA), retrieved from FRED.