All Employees: Mining, Logging, and Construction in Maine
SMS23000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.30
Year-over-Year Change
-2.42%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures employment levels in the mining, logging, and construction industries in the state of Maine. It provides valuable insights into the health and activity of these key sectors 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 Maine data series tracks the total number of workers employed in these industries across the state. It is a key indicator of economic activity and can help policymakers and analysts understand trends in Maine's industrial production, infrastructure investment, and overall economic conditions.
Methodology
The data is collected through surveys of businesses and establishments in Maine.
Historical Context
This trend is closely watched by economists, investors, and policymakers to gauge the strength of Maine's extractive and construction industries.
Key Facts
- Maine has a significant mining, logging, and construction sector.
- Employment in these industries can fluctuate with economic conditions.
- The data is released monthly by the U.S. Federal Reserve.
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 across the state of Maine.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and activity of key sectors of Maine's economy, which can help inform economic analysis and policymaking decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Maine.
Q: How is this trend used in economic policy?
A: Economists, investors, and policymakers closely monitor this trend to gauge the strength of Maine's extractive and construction industries, which are vital to the state's economic performance.
Q: Are there update delays or limitations?
A: The data is released monthly by the U.S. Federal Reserve, with some potential for short delays in availability.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Maine (SMS23000001500000001), retrieved from FRED.