All Employees: Mining and Logging: Mining (Except Oil and Gas) in Alabama
SMU01000001021200001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
-2.08%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the mining and logging industry, excluding oil and gas, in the state of Alabama. It is an important economic indicator for tracking the health and activity of the mining sector in the state.
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: Mining (Except Oil and Gas) in Alabama series tracks the employment levels in Alabama's mining industry, excluding oil and gas extraction. This data provides insight into the overall strength and productivity of the state's mineral resource extraction activities.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, industry analysts, and economic researchers to assess the broader economic conditions and investment climate in Alabama.
Key Facts
- Alabama is a major producer of coal, limestone, and other mineral resources.
- Mining accounts for over 20,000 jobs in the state.
- The mining industry generates billions in economic output for Alabama annually.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the mining and logging industry, excluding oil and gas extraction, in the state of Alabama.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the health and activity of Alabama's mining sector, which is a key part of the state's economy and industrial base.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and economic researchers closely monitor this trend to assess broader economic conditions and the investment climate in Alabama.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the reference period. There are no major known limitations to the survey methodology.
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Citation
U.S. Federal Reserve, All Employees: Mining and Logging: Mining (Except Oil and Gas) in Alabama (SMU01000001021200001), retrieved from FRED.