All Employees: Mining and Logging in Idaho
IDNRMN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.40
Year-over-Year Change
7.32%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Mining and Logging in Idaho' economic trend measures the total number of employees in the mining and logging industry within the state of Idaho. This metric provides insight into the health and activity of the resource extraction sector in the state.
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 monthly employment levels in the mining and logging industries in Idaho, which are key components of the state's economy. The data is used by economists, policymakers, and industry analysts to monitor labor market conditions and economic performance in resource-dependent regions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in mining and logging employment are closely watched as indicators of demand for natural resources and potential impacts on local economies.
Key Facts
- Idaho is a major producer of minerals, including phosphate, silver, and gemstones.
- The mining and logging sector accounts for over 10% of Idaho's GDP.
- Employment in this sector has declined by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Mining and Logging in Idaho' trend measures the total number of people employed in the mining and logging industries within the state of Idaho.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of the resource extraction sector in Idaho, which is an important part of the state's economy.
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: Trends in mining and logging employment are closely watched as indicators of demand for natural resources and potential impacts on local economies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical delay of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Mining and Logging in Idaho (IDNRMN), retrieved from FRED.