All Employees: Construction: Specialty Trade Contractors in South Carolina
SMU45000002023800001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74.20
Year-over-Year Change
3.78%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the construction specialty trade contractors industry in South Carolina. It provides insight into the state's construction activity and labor market.
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: Specialty Trade Contractors in South Carolina metric tracks the employment levels in businesses that specialize in construction trades, such as electrical, plumbing, and HVAC contractors. This data is a key indicator of construction industry health and investment in the state.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this trend to assess the strength of South Carolina's construction sector and its broader economic conditions.
Key Facts
- South Carolina has a large construction industry, employing over 100,000 people.
- Specialty trade contractors make up the majority of construction jobs in the state.
- Construction employment in South Carolina has rebounded strongly since the Great Recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the construction specialty trade contractors industry in South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength of South Carolina's construction sector and broader economic conditions in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess the construction industry and overall economic health in South Carolina.
Q: Are there update delays or limitations?
A: There may be some delay in data availability, but the U.S. Bureau of Labor Statistics provides timely monthly updates on this metric.
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Citation
U.S. Federal Reserve, All Employees: Construction: Specialty Trade Contractors in South Carolina (SMU45000002023800001), retrieved from FRED.