Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Canada
LFEACNTTCAM647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,694,500.00
Year-over-Year Change
4.09%
Date Range
1/1/1976 - 6/1/2025
Summary
This economic trend measures total employment in the construction sector in Canada on an infra-annual basis. It provides important insights into the health and activity of the Canadian construction industry.
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 Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Canada series tracks the total number of individuals employed in the construction sector in Canada. This metric is a key indicator of economic activity and investment in the construction industry.
Methodology
The data is collected through surveys of Canadian businesses and households.
Historical Context
This employment trend is closely monitored by policymakers, economists, and construction firms to gauge the state of the Canadian economy.
Key Facts
- Canada's construction sector employs over 1.4 million workers.
- Construction accounts for approximately 7% of Canada's total GDP.
- Employment in the sector has seen steady growth over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total employment in the construction sector in Canada on an infra-annual basis, providing insights into the health and activity of the Canadian construction industry.
Q: Why is this trend relevant for users or analysts?
A: This employment trend in the construction sector is a key indicator of economic activity and investment, closely monitored by policymakers, economists, and construction firms to gauge the state of the Canadian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Canadian businesses and households.
Q: How is this trend used in economic policy?
A: This construction employment trend is used by policymakers, economists, and industry stakeholders to assess the health and outlook of the Canadian economy.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, with some potential for delays in data collection and reporting.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Canada (LFEACNTTCAM647N), retrieved from FRED.