All Employees: Mining and Logging: Metal Ore Mining in Arizona
SMU04000001021220001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.40
Year-over-Year Change
5.51%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Mining and Logging: Metal Ore Mining in Arizona' trend measures employment in the metal ore mining industry in Arizona. This data provides insight into the economic health and labor market dynamics of this key sector.
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 series tracks the total number of employees working in metal ore mining establishments located in the state of Arizona. It is a key indicator of activity and job creation in this important mining industry, which supports broader economic growth.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to assess the performance and outlook of Arizona's mining industry and its contribution to the state's economy.
Key Facts
- Arizona is a major producer of copper, gold, and other metals.
- Metal ore mining accounts for over 10,000 jobs in the state.
- Employment in this sector has shown volatility over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in metal ore mining establishments located in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the performance and outlook of Arizona's mining industry, which is a significant contributor to the state's economy.
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: Economists and policymakers monitor this trend to assess the health of Arizona's mining sector and its impact on the broader state economy.
Q: Are there update delays or limitations?
A: The data is subject to typical publication lags for economic statistics, with a delay of several weeks between the reference period and public release.
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Citation
U.S. Federal Reserve, All Employees: Mining and Logging: Metal Ore Mining in Arizona (SMU04000001021220001SA), retrieved from FRED.