All Employees: Construction: Residential Building Construction in Idaho
Annual, Not Seasonally Adjusted
SMU16000002023610001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.80
Year-over-Year Change
133.33%
Date Range
1/1/1990 - 1/1/2024
Summary
This economic trend measures the annual, not seasonally adjusted employment in the Dallas-Fort Worth-Arlington, TX metropolitan area. It is a key indicator of regional labor market conditions and economic performance.
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 Annual, Not Seasonally Adjusted employment series tracks the total number of jobs in the Dallas-Fort Worth-Arlington metropolitan statistical area on an annual basis, without adjusting for seasonal fluctuations. This provides a more accurate representation of the underlying employment trends in the region.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this trend to assess the strength and resilience of the Dallas-Fort Worth regional economy.
Key Facts
- The Dallas-Fort Worth metro area is the fourth largest in the United States.
- Annual employment in the region has grown by over 20% since 2010.
- The local economy is heavily diversified across sectors like technology, finance, and healthcare.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of jobs in the Dallas-Fort Worth-Arlington metropolitan area on an annual basis, without adjusting for seasonal variations.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the strength and resilience of the regional labor market, which is a key indicator of the Dallas-Fort Worth economy's overall performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health and growth prospects of the Dallas-Fort Worth regional economy, which informs decisions on economic development, infrastructure investment, and other policy initiatives.
Q: Are there update delays or limitations?
A: This annual, not seasonally adjusted employment data is released with a lag of several months, so it may not reflect the most recent economic conditions in the region.
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Citation
U.S. Federal Reserve, Annual, Not Seasonally Adjusted (SMU16000002023610001A), retrieved from FRED.