Employment for Construction: Land Subdivision (NAICS 237210) in the United States
IPUDN237210W200000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.00
Year-over-Year Change
-15.71%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures employment in the land subdivision industry, a key indicator of construction and real estate activity in the United States.
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 employment level for land subdivision (NAICS 237210) reflects the number of workers engaged in preparing land for residential, commercial, or industrial construction. This data series is closely watched by economists and policymakers as a signal of future building projects and broader economic conditions.
Methodology
The data is collected through monthly surveys of U.S. businesses by the Federal Reserve.
Historical Context
Trends in land subdivision employment provide insight into the health of the construction and real estate sectors.
Key Facts
- Land subdivision is a specialized construction industry.
- Employment in this sector signals future building projects.
- This data is closely watched by economists and policymakers.
FAQs
Q: What does this economic trend measure?
A: This trend measures employment levels in the land subdivision industry (NAICS 237210), which involves preparing land for residential, commercial, or industrial construction projects.
Q: Why is this trend relevant for users or analysts?
A: Trends in land subdivision employment provide important insights into the health and future activity of the construction and real estate sectors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of U.S. businesses by the Federal Reserve.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor land subdivision employment as an indicator of future building projects and broader economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Employment for Construction: Land Subdivision (NAICS 237210) in the United States (IPUDN237210W200000000), retrieved from FRED.