All Employees: Mining, Logging, and Construction in Minnesota
SMS27000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.30
Year-over-Year Change
2.79%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Mining, Logging, and Construction in Minnesota' trend measures employment in the mining, logging, and construction sectors in the state of Minnesota. This data is crucial for understanding economic activity and labor market conditions in these important industries.
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 total number of non-farm employees in the mining, logging, and construction sectors in Minnesota. It provides insight into the health and dynamics of these industries, which play a significant role in the state's economy.
Methodology
The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the performance and outlook of Minnesota's economy.
Key Facts
- Minnesota is a major producer of iron ore and other minerals.
- The construction industry accounts for over 100,000 jobs in the state.
- The mining, logging, and construction sectors employ approximately 8% of Minnesota's workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of non-farm employees in the mining, logging, and construction sectors in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the performance and dynamics of key industries that play a significant role in Minnesota's economy.
Q: How is this data collected or calculated?
A: The data is collected through establishment surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the economic conditions and outlook in Minnesota, particularly in the natural resources and construction sectors.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Minnesota (SMS27000001500000001), retrieved from FRED.