All Employees: Mining, Logging, and Construction in South Carolina
SMS45000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129.70
Year-over-Year Change
6.14%
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 South Carolina. It is an important indicator of economic activity and labor market conditions in these key sectors.
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 South Carolina trend represents the monthly count of non-farm employees in these industries within the state. It is a valuable data point for economists and policymakers to assess the health and performance of South Carolina's extractive and construction sectors.
Methodology
The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This economic indicator provides insight into South Carolina's industrial output, infrastructure investment, and overall economic trajectory.
Key Facts
- South Carolina is a major hub for the mining, logging, and construction industries in the Southeast U.S.
- Employment in these sectors can fluctuate based on factors like commodity prices, housing starts, and infrastructure projects.
- The trend has shown steady growth since the end of the Great Recession, reflecting the state's economic recovery.
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 industries located in South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the performance and health of key industrial sectors in the South Carolina economy, which are critical drivers of economic growth and development.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers closely monitor this indicator to assess the state's industrial output, infrastructure investment, and overall economic trajectory, which can inform decisions around fiscal, monetary, and regulatory policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag, so it provides a timely but not real-time view of employment conditions in these industries.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in South Carolina (SMS45000001500000001), retrieved from FRED.