All Employees: Mining and Logging: Mining (Except Oil and Gas) in Florida

SMU12000001021200001 • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.50

Year-over-Year Change

0.00%

Date Range

1/1/2002 - 6/1/2025

Summary

This trend measures employment in the mining industry, excluding oil and gas, in the state of Florida. It provides insight into the overall 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 Florida series tracks the number of people employed in Florida's mining industry, excluding oil and gas extraction. This data point is an important indicator of economic activity and labor market trends in the state's mining sector.

Methodology

The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.

Historical Context

This metric is used by economists, policymakers, and industry analysts to assess the performance and outlook of Florida's mining industry.

Key Facts

  • Mining (except oil and gas) accounts for about 0.5% of Florida's total nonfarm employment.
  • Employment in this sector has declined by 20% in Florida since 2015.
  • The mining industry is an important contributor to Florida's economy, particularly in rural areas.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of people employed in the mining industry, excluding oil and gas extraction, within the state of Florida.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the health and activity of Florida's mining sector, which is an important part of the state's economy.

Q: How is this data collected or calculated?

A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Economists, policymakers, and industry analysts use this metric to assess the performance and outlook of Florida's mining industry, which can inform economic and regulatory decisions.

Q: Are there update delays or limitations?

A: The data is released monthly with a typical lag of 1-2 months, so it may not reflect the most recent economic conditions.

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Citation

U.S. Federal Reserve, All Employees: Mining and Logging: Mining (Except Oil and Gas) in Florida (SMU12000001021200001), retrieved from FRED.