All Employees: Mining, Logging, and Construction in Pennsylvania
SMS42000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
283.20
Year-over-Year Change
0.71%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment in the mining, logging, and construction sectors in Pennsylvania. It provides valuable insights into the strength and resilience of the state's key infrastructure and resource-based industries.
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: Mining, Logging, and Construction in Pennsylvania trend tracks the number of people employed in these critical economic sectors across the state. It serves as an important indicator of activity and investment in Pennsylvania's extractive, forestry, and construction industries.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and investors to assess the health and outlook of Pennsylvania's resource-based economy.
Key Facts
- Pennsylvania is a major hub for mining, logging, and construction activity.
- This trend has shown volatility during economic cycles.
- Employment in these sectors can impact state tax revenue and infrastructure investment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the mining, logging, and construction sectors across the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and activity of Pennsylvania's resource-based industries, which are crucial drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and investors closely monitor this trend to assess the outlook for Pennsylvania's resource-based economy and make informed decisions.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis, but there may be occasional delays or revisions due to the survey-based methodology.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Pennsylvania (SMS42000001500000001), retrieved from FRED.