All Employees: Mining and Logging in South Carolina
SCNRMNN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.60
Year-over-Year Change
2.22%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'All Employees: Mining and Logging in South Carolina' series measures the total number of employees in the mining and logging industry in the state of South Carolina. This metric is a key indicator of economic activity and employment trends in the resource extraction 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
This series tracks the total number of workers employed in the mining and logging industries in South Carolina, including jobs in oil and gas extraction, coal mining, and forestry operations. It provides insight into the labor market and production capacity of South Carolina's natural resource-based industries.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health and competitiveness of South Carolina's resource extraction sectors.
Key Facts
- South Carolina's mining and logging industries employed over 8,000 workers as of the latest data.
- Employment in this sector has declined by 15% in South Carolina over the past decade.
- The mining and logging industry accounts for approximately 0.5% of total nonfarm employment in the state.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Mining and Logging in South Carolina' series tracks the total number of workers employed in the mining and logging industries in the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the labor market and production capacity of South Carolina's natural resource-based industries, which is useful for policymakers and economic analysts.
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: Policymakers and analysts use this metric to assess the health and competitiveness of South Carolina's resource extraction sectors.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, All Employees: Mining and Logging in South Carolina (SCNRMNN), retrieved from FRED.