All Employees: Mining, Logging, and Construction in Utah
SMS49000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
156.40
Year-over-Year Change
4.41%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic indicator tracks the total number of employees in the mining, logging, and construction industries in the state of Utah. It provides insights into the labor market and economic activity 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 Utah series measures the total number of employees in these industries within the state. It is a valuable indicator of economic conditions and trends in Utah's extractive and construction sectors.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by economists, policymakers, and industry analysts to assess the health and outlook of Utah's mining, logging, and construction industries.
Key Facts
- Utah is a major energy and mining producer in the U.S.
- Construction is a significant driver of Utah's economy.
- Employment in these sectors is closely watched for economic signals.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of employees in the mining, logging, and construction industries in the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor market and economic activity in these key sectors, which are important drivers of Utah's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and industry analysts to assess the health and outlook of Utah's mining, logging, and construction industries.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Utah (SMS49000001500000001), retrieved from FRED.