All Employees: Construction: Specialty Trade Contractors in Wisconsin
SMU55000002023800001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
99.00
Year-over-Year Change
3.34%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of specialty trade contractors employed in the construction industry in Wisconsin. It provides valuable insights into the state's construction activity and labor market conditions.
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 Wisconsin data series tracks the monthly employment levels of specialty trade contractors, such as electricians, plumbers, and HVAC installers, within the broader construction industry in the state. This metric is closely monitored by economists and policymakers to gauge the health and trajectory of Wisconsin's construction sector.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of Wisconsin employers.
Historical Context
This trend is used to inform economic policies, investment decisions, and analysis of the state's construction and labor markets.
Key Facts
- Wisconsin has over 55,000 specialty trade construction workers.
- Construction employment in Wisconsin has grown by 8% over the past year.
- Specialty trade contractors account for over 60% of the state's construction workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of specialty trade contractors employed in the construction industry in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and trajectory of Wisconsin's construction sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of Wisconsin employers.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to inform economic policies, investment decisions, and analysis of the state's construction and labor markets.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical 1-2 month lag, and may be subject to revisions based on additional employer reporting.
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Citation
U.S. Federal Reserve, All Employees: Construction: Specialty Trade Contractors in Wisconsin (SMU55000002023800001), retrieved from FRED.