Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Czechia
LFEACNTTCZA647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
414,250.00
Year-over-Year Change
-2.51%
Date Range
1/1/1998 - 1/1/2024
Summary
This economic trend measures total employment in the construction sector in Czechia, providing insight into the health and activity of a key 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 Czechia data series tracks the number of people employed in the construction industry in Czechia on a regular basis. This metric is used by economists and policymakers to assess the strength of the Czech construction sector and its broader economic implications.
Methodology
The data is collected through surveys of Czech businesses and households.
Historical Context
This employment trend is closely monitored by economists, investors, and government officials to gauge the state of the Czech economy.
Key Facts
- Czechia is a major construction market in Central Europe.
- Construction accounts for over 6% of Czech GDP.
- Employment in the sector has been volatile in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures total employment in the construction industry in Czechia, providing insights into the health and activity of a crucial sector of the Czech economy.
Q: Why is this trend relevant for users or analysts?
A: This employment data is closely watched by economists, policymakers, and investors to assess the strength of the Czech construction sector and its broader economic implications.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Czech businesses and households.
Q: How is this trend used in economic policy?
A: This construction employment metric is used by the Czech government and central bank to monitor the state of the economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is reported on an infra-annual basis, so there may be some delays in availability compared to more frequently updated labor market indicators.
Related Trends
Infra-Annual Labor Statistics: Employment Female: From 15 to 64 Years for Czechia
LFEM64FECZA647N
Consumer Price Index: Clothing and Footwear (COICOP 03): Total for Czech Republic
CZECP030000GPM
Infra-Annual Labor Statistics: Employment Rate Male: From 55 to 64 Years for Czechia
LREM55MACZA156N
Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises Loans from Commercial Banks for Czech Republic
CZEFCSODCSGGDPPT
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Electricity, Gas and Other Fuels for Czechia
CZECPHP0405IXOBM
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Czech Republic
CZEFCBODCANUM
Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for Czechia (LFEACNTTCZA647S), retrieved from FRED.