All Employees: Construction: Construction of Buildings in South Carolina
SMU45000002023600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.61
Year-over-Year Change
8.87%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Construction: Construction of Buildings in South Carolina' trend measures employment in the construction of buildings sector in South Carolina. This metric is a key indicator of economic activity and construction industry health 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
This series tracks the number of employees working in the construction of buildings industry in South Carolina. It is a valuable indicator of the state's construction sector performance and can inform economic analysis and policy decisions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This construction employment metric is closely watched by economists, policymakers, and industry stakeholders to assess the broader economic climate.
Key Facts
- South Carolina's construction sector employs over 90,000 workers.
- Construction of buildings accounts for approximately 30% of total construction jobs in the state.
- Construction employment has grown by 15% in South Carolina over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in the construction of buildings industry in the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of economic activity and construction sector performance in South Carolina, which is valuable for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through 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 closely monitor this construction employment metric to assess the broader economic climate and make informed decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in South Carolina (SMU45000002023600001SA), retrieved from FRED.