All Employees: Mining, Logging, and Construction in Arkansas
SMS05000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
70.40
Year-over-Year Change
-2.76%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of all employees in the mining, logging, and construction industries in the state of Arkansas. It provides valuable insights into the health and activity of these key sectors of the Arkansas economy.
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 All Employees: Mining, Logging, and Construction in Arkansas series tracks the monthly employment levels in these industries, which are critical drivers of economic growth and development. Policymakers and analysts use this data to assess regional labor market conditions and make informed decisions.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely utilized by economists, policymakers, and industry stakeholders to monitor economic performance and guide policy decisions.
Key Facts
- Arkansas mining, logging, and construction employs over 60,000 workers.
- This sector accounts for nearly 5% of the state's total non-farm employment.
- Employment in this industry has grown by 10% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the mining, logging, and construction industries in the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the health and activity of key sectors that drive economic growth in Arkansas, making it relevant for policymakers, economists, and industry stakeholders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess regional labor market conditions and make informed decisions regarding economic development, infrastructure investment, and other policy initiatives.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical delay of 1-2 months between the reference period and the publication of the latest figures.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Arkansas (SMS05000001500000001), retrieved from FRED.