All Employees: Mining, Logging, and Construction in Illinois
SMS17000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
243.60
Year-over-Year Change
0.29%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the mining, logging, and construction industries in the state of Illinois. It provides insights into the strength and dynamics of a key sector of the state's 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 Illinois series tracks the employment levels in this important economic segment, which includes activities such as oil and gas extraction, timber harvesting, and various construction projects. This data is used by economists and policymakers to assess the health of Illinois' industrial base and infrastructure investment.
Methodology
The data is collected through monthly surveys of businesses and establishments in Illinois.
Historical Context
This trend is closely watched by state and local governments, construction firms, and investors to gauge economic conditions and guide policy decisions.
Key Facts
- Illinois is a major center for mining, logging, and construction activities.
- This sector accounts for over 200,000 jobs in the state.
- Employment in this industry has seen steady growth in recent 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 Illinois.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the strength and performance of a key sector of the Illinois economy, which is important for policymakers, businesses, and investors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses and establishments in Illinois.
Q: How is this trend used in economic policy?
A: State and local governments, construction firms, and investors closely monitor this trend to gauge economic conditions and guide policy decisions related to infrastructure, employment, and industry regulation.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical delay of several weeks from the end of the reference period.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Illinois (SMS17000001500000001), retrieved from FRED.