All Employees: Transportation and Utilities: Truck Transportation in Colorado
Seasonally Adjusted
SMU08000004348400001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18.50
Year-over-Year Change
0.57%
Date Range
1/1/1990 - 7/1/2025
Summary
The Seasonally Adjusted series measures the number of jobs in the mining and logging sector in the United States, adjusted for typical seasonal variations. This metric is important for economists and policymakers to understand broader employment trends.
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 Seasonally Adjusted series from the U.S. Bureau of Labor Statistics provides a more accurate representation of the mining and logging industry's employment levels by accounting for recurring seasonal fluctuations. This allows analysts to identify underlying trends and patterns in the data.
Methodology
The data is collected through surveys of establishments and adjusted using statistical methods to remove the effects of seasonal variation.
Historical Context
Policymakers and economists closely monitor this series to gauge the health of the U.S. mining and logging sectors and their influence on the broader economy.
Key Facts
- The series is seasonally adjusted to account for recurring employment patterns.
- Mining and logging are important contributors to the U.S. industrial economy.
- Seasonal adjustment allows for more accurate analysis of underlying trends.
FAQs
Q: What does this economic trend measure?
A: The Seasonally Adjusted series measures the number of jobs in the mining and logging sector in the United States, with the effects of typical seasonal variations removed.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for economists and policymakers to understand the underlying strength of the mining and logging industry, without the distortion of seasonal patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments and adjusted using statistical methods to remove the effects of seasonal variation.
Q: How is this trend used in economic policy?
A: Policymakers and economists closely monitor this series to gauge the health of the U.S. mining and logging sectors and their influence on the broader economy.
Q: Are there update delays or limitations?
A: The data is subject to the standard release schedule and potential revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Bureau of Labor Statistics, Seasonally Adjusted (SMU08000004348400001SA), retrieved from FRED.