All Employees: Construction: Construction of Buildings in Pennsylvania
SMU42000002023600001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.70
Year-over-Year Change
2.14%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic indicator tracks total employment in the construction of buildings sector in Pennsylvania. It provides insight into the health and activity of the state's construction industry.
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 Pennsylvania series measures the total number of workers employed in the construction of residential and non-residential buildings within the state. It is a key indicator of construction industry performance and can signal broader economic trends.
Methodology
The data is collected through surveys of Pennsylvania employers by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by economists, policymakers, and industry analysts to assess the vitality of Pennsylvania's construction sector and its contribution to the overall state economy.
Key Facts
- Pennsylvania's construction industry employs over 250,000 workers.
- Building construction accounts for nearly 40% of total construction employment in the state.
- Construction activity is a leading indicator of broader economic conditions in Pennsylvania.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks total employment in the construction of residential and non-residential buildings within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: The construction industry is a key driver of economic activity, and this metric provides insight into the health and performance of that sector in Pennsylvania.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Pennsylvania employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and industry analysts use this metric to assess the vitality of Pennsylvania's construction sector and its contribution to the overall state economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in Pennsylvania (SMU42000002023600001), retrieved from FRED.