All Employees: Construction: Construction of Buildings in Washington
Annual, Not Seasonally Adjusted
SMU53000002023600001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59.70
Year-over-Year Change
76.11%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment level in the Harrisburg-Carlisle, PA metropolitan area. It provides important insights into local labor market dynamics.
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 Annual, Not Seasonally Adjusted employment series tracks the total number of persons employed in the Harrisburg-Carlisle, PA metropolitan statistical area on an annual basis without adjusting for seasonal variations. This data series is widely used by economists and policymakers to analyze long-term employment trends in specific regional economies.
Methodology
The data is collected through surveys of business establishments in the Harrisburg-Carlisle, PA area.
Historical Context
This employment metric is a key indicator monitored by the Federal Reserve and other institutions to assess regional economic conditions.
Key Facts
- Harrisburg-Carlisle has a population of over 570,000 as of 2021.
- The region's largest industries include government, healthcare, and manufacturing.
- Annual employment in the area has grown by over 5% since 2015.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of persons employed in the Harrisburg-Carlisle, PA metropolitan area on an annual basis without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This non-seasonally adjusted employment data provides important insights into long-term labor market dynamics in the Harrisburg-Carlisle region, which is monitored closely by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments in the Harrisburg-Carlisle, PA metropolitan area.
Q: How is this trend used in economic policy?
A: This annual employment metric is a key indicator monitored by the Federal Reserve and other institutions to assess regional economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released annually with a short delay, and does not account for seasonal fluctuations in employment.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU53000002023600001A), retrieved from FRED.