All Employees: Construction: Specialty Trade Contractors in Texas
This dataset tracks all employees: construction: specialty trade contractors in texas over time.
Latest Value
483.17
Year-over-Year Change
1.79%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the specialty trade contractors sector of the construction industry in Texas. It is an important indicator of economic activity and labor market conditions in this key 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: Specialty Trade Contractors in Texas series tracks the number of people employed in specialty trade contractor occupations, such as electrical, plumbing, and HVAC work, across the state of Texas. This metric provides insight into the strength of the construction industry and broader economic health.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in specialty trade contractor employment are closely watched by policymakers, investors, and industry analysts to gauge the construction sector's performance and outlook.
Key Facts
- Texas is the second-largest construction market in the U.S.
- Specialty trade contractors account for over 60% of construction jobs in Texas.
- Employment in this sector tends to be cyclical, reflecting broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of people employed in specialty trade contractor occupations, such as electrical, plumbing, and HVAC work, across the state of Texas.
Q: Why is this trend relevant for users or analysts?
A: Trends in specialty trade contractor employment provide insight into the strength of the construction industry and broader economic conditions in Texas.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and industry analysts closely monitor this metric to gauge the performance and outlook of the construction sector in Texas.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-month lag.
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Citation
U.S. Federal Reserve, All Employees: Construction: Specialty Trade Contractors in Texas (SMU48000002023800001SA), retrieved from FRED.