All Employees: Durable Goods: Cement and Concrete Product Manufacturing in Texas
This dataset tracks all employees: durable goods: cement and concrete product manufacturing in texas over time.
Latest Value
27.00
Year-over-Year Change
50.00%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the number of all employees in the cement and concrete product manufacturing industry in Texas. It provides insight into the health and activity of this critical construction material 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 All Employees: Durable Goods: Cement and Concrete Product Manufacturing in Texas series tracks the total employment in this specific manufacturing industry within the state. It serves as an indicator of production capacity, infrastructure investment, and broader economic conditions in the construction supply chain.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used by economists, policymakers, and industry analysts to monitor the cement and concrete sector's contribution to the Texas economy.
Key Facts
- Texas is a leading producer of cement and concrete products in the U.S.
- The cement and concrete industry employs over 25,000 people in Texas.
- Cement and concrete manufacturing accounts for 3% of the state's total durable goods jobs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of all employees, including production, administrative, and supervisory personnel, in the cement and concrete product manufacturing industry located in the state of Texas.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the health and activity of the cement and concrete product manufacturing sector, which is a key part of the construction supply chain and broader economic conditions in Texas.
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: Economists, policymakers, and industry analysts use this trend to monitor the cement and concrete sector's contribution to the Texas economy and make informed decisions about infrastructure investment, construction activity, and related policies.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical delay of 1-2 months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Durable Goods: Cement and Concrete Product Manufacturing in Texas (SMU48000003132730001A), retrieved from FRED.