All Employees: Mining and Logging in Mississippi
SMS28000001000000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.70
Year-over-Year Change
-3.39%
Date Range
1/1/1990 - 6/1/2025
Summary
The All Employees: Mining and Logging in Mississippi trend measures the total number of employees in the mining and logging industry in the state of Mississippi. This data is important for economists and policymakers to understand labor market conditions and industry employment dynamics.
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 and Logging in Mississippi indicator tracks the monthly employment levels in the mining and logging sector, which encompasses oil and gas extraction, coal mining, and forestry operations. This provides insight into the economic health and productivity of these key industries within the state.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in mining and logging employment are closely monitored by analysts, investors, and policymakers to assess the broader economic conditions and outlook.
Key Facts
- Mining and logging account for about 2% of Mississippi's total employment.
- Employment in this sector has declined by 15% over the past 5 years.
- Mississippi ranks 6th nationally in total mining and logging jobs.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Mining and Logging in Mississippi trend measures the total number of people employed in the mining, oil/gas extraction, and forestry industries within the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the economic health and productivity of key natural resource industries in Mississippi, which is important for understanding broader labor market conditions and industry dynamics.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in mining and logging employment are closely monitored by analysts, investors, and policymakers to assess the broader economic conditions and outlook for the state and national economy.
Q: Are there update delays or limitations?
A: The data is published with a one-month lag, and may be subject to periodic revisions by the statistical agency.
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Citation
U.S. Federal Reserve, All Employees: Mining and Logging in Mississippi (SMS28000001000000001), retrieved from FRED.