All Employees: Education and Health Services: Hospitals in South Carolina
Not Seasonally Adjusted
SMU45000006562200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.70
Year-over-Year Change
4.01%
Date Range
1/1/2001 - 7/1/2025
Summary
The 'Not Seasonally Adjusted' series tracks employment levels in the U.S. construction industry. This key economic indicator provides insight into the health and activity of the construction sector.
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 'Not Seasonally Adjusted' series measures the total number of employees in the construction industry, without adjusting for typical seasonal variations. This raw data is useful for analyzing long-term trends and making comparisons across time periods.
Methodology
The data is collected through monthly surveys of construction employers by the U.S. Bureau of Labor Statistics.
Historical Context
This employment metric is widely referenced by economists, policymakers, and industry analysts to assess the state of the construction economy.
Key Facts
- Construction employs over 7 million workers in the U.S.
- Employment in this sector tends to be volatile and responsive to economic conditions.
- The construction industry accounts for around 4% of total U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks the total number of employees working in the U.S. construction industry, without adjusting for typical seasonal fluctuations.
Q: Why is this trend relevant for users or analysts?
A: This raw employment data provides important insights into the health and activity of the construction sector, which is a key driver of economic growth.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of construction employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor construction employment to assess the overall state of the economy and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The 'Not Seasonally Adjusted' data is published monthly with a typical 1-2 month lag, so it may not reflect the most recent economic conditions.
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Citation
U.S. Federal Reserve, Not Seasonally Adjusted (SMU45000006562200001), retrieved from FRED.