Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for France
LFEACNTTFRA647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,903,350.00
Year-over-Year Change
2.08%
Date Range
1/1/1980 - 1/1/2024
Summary
The 'Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for France' series measures the total employment in the construction sector in France. This data provides valuable insights into the state of the French economy and 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
This series represents the total number of people employed in the construction industry in France, which is a key indicator of economic activity and investment. It is used by economists, policymakers, and market analysts to understand trends in the French labor market and construction sector.
Methodology
The data is collected by the French national statistical office through surveys of construction firms and workers.
Historical Context
This series is relevant for analyzing the health of the French construction industry and its broader economic implications.
Key Facts
- Construction accounts for over 6% of France's GDP.
- Employment in the French construction sector peaked in 2008.
- The COVID-19 pandemic led to a sharp decline in construction jobs in France.
FAQs
Q: What does this economic trend measure?
A: This series measures the total employment in the construction sector in France, providing insights into activity and investment in the country's construction industry.
Q: Why is this trend relevant for users or analysts?
A: This data is crucial for understanding the health of the French construction sector and its broader economic implications, as it is a key indicator of investment and economic activity.
Q: How is this data collected or calculated?
A: The data is collected by the French national statistical office through surveys of construction firms and workers.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze the performance of the French construction industry and its impact on the broader economy, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the French statistical office, but there may be occasional delays or revisions due to the nature of survey-based data collection.
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Citation
U.S. Federal Reserve, Infra-Annual Labor Statistics: Employment: Economic Activity: Construction: Total for France (LFEACNTTFRA647N), retrieved from FRED.