All Employees: Mining, Logging, and Construction in Montana
SMU30000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46.40
Year-over-Year Change
-0.22%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Mining, Logging, and Construction in Montana' trend tracks the total number of employees in the mining, logging, and construction industries in the state of Montana. This metric is closely watched by economists and policymakers to gauge the health of these key sectors.
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 economic indicator provides insights into employment levels across Montana's resource extraction, forestry, and construction industries. It serves as a barometer for business activity, investment, and infrastructure development in the state.
Methodology
The data is collected through monthly surveys of Montana employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers use this trend to inform decisions around economic development, workforce training, and regulatory oversight in these industries.
Key Facts
- Montana has a significant mining and logging industry.
- Construction is a major employer in the state.
- This trend data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of employees in the mining, logging, and construction industries in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the health and activity levels of key resource-based and infrastructure sectors in Montana, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of Montana employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to inform decisions around economic development, workforce training, and regulatory oversight in Montana's mining, logging, and construction industries.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Bureau of Labor Statistics, with a typical lag of 4-6 weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Montana (SMU30000001500000001), retrieved from FRED.