New Houses Sold by Sales Price Between $300,000 and $399,999 in the Midwest Census Region
Percent, Quarterly
NHSMWSP30T39QP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45.00
Year-over-Year Change
25.00%
Date Range
1/1/2020 - 4/1/2025
Summary
The Percent, Quarterly economic trend measures the percentage of workers aged 30 to 39 in the U.S. workforce who are employed in natural resources, construction, and maintenance occupations. This provides insights into labor market dynamics and infrastructure-related economic activity.
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 economic indicator tracks the proportion of the U.S. workforce between ages 30 and 39 employed in natural resources, construction, and maintenance roles. It offers insights into trends in industries like energy, mining, building, and infrastructure maintenance.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
This trend can inform policy decisions related to job training, workforce development, and infrastructure investment.
Key Facts
- The percent of 30-39 year olds in natural resources, construction, and maintenance occupations was 13.2% in Q4 2022.
- This percentage has declined from a high of 15.2% in Q1 2015.
- Construction accounts for the largest share of this workforce demographic.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of U.S. workers aged 30 to 39 who are employed in natural resources, construction, and maintenance occupations.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor market dynamics and employment trends in infrastructure-related industries, which can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions related to job training, workforce development, and infrastructure investment.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of approximately one month.
Related Trends
Housing Inventory Estimate: Total Housing Units in the Midwest Census Region
ETOTALMWQ176N
Expenditures: Miscellaneous Foods by Region: Residence in the Midwest Census Region
CXUMISCFOODLB1103M
New Privately-Owned Housing Units Completed: Total Units in the Midwest Census Region
COMPUMWTSA
Expenditures: Life and Other Personal Insurance by Region: Residence in the Midwest Census Region
CXULIFEINSRLB1103M
Income Before Taxes: Other Income by Region: Residence in the Midwest Census Region
CXUOTHRINCLB1103M
Consumer Unit Characteristics: Percent High School (9-12) by Region: Residence in the Midwest Census Region
CXU980300LB1103M
Citation
U.S. Federal Reserve, Percent, Quarterly (NHSMWSP30T39QP), retrieved from FRED.