All Employees: Construction: Foundation, Structure, and Building Exterior Contractors in Idaho

SMU16000002023810001SA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

12.60

Year-over-Year Change

7.84%

Date Range

1/1/1990 - 7/1/2025

Summary

This trend measures the number of all employees in the construction industry for foundation, structure, and building exterior contractors in the state of Idaho. It provides insight into the economic activity and labor demand in this important 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

The All Employees: Construction: Foundation, Structure, and Building Exterior Contractors in Idaho series tracks the total number of individuals employed in this specialized construction field across the state. It is a key indicator of construction industry output and workforce trends.

Methodology

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

Historical Context

This employment trend is closely watched by economists, policymakers, and industry analysts to assess the health of the construction sector and broader state economy.

Key Facts

  • Idaho construction employment in this sector has grown 20% over the past 5 years.
  • Foundation, structure, and building exterior contractors make up about 15% of total construction jobs in Idaho.
  • This industry segment saw a sharp decline during the 2008-2009 recession but has since rebounded.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees working for construction firms that specialize in foundation, structure, and building exterior work across the state of Idaho.

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

A: This employment data provides valuable insight into the performance and labor demand in a critical component of the construction industry, which is a key driver of economic activity in Idaho.

Q: How is this data collected or calculated?

A: The data is gathered through surveys of construction establishments conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Economists and policymakers monitor this construction employment trend to assess the overall health of the state's economy and inform decisions around infrastructure investment, housing policy, and economic development initiatives.

Q: Are there update delays or limitations?

A: The data is published monthly with a lag of approximately 1-2 months. There may be revisions to prior months' figures as more complete information becomes available.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Construction: Foundation, Structure, and Building Exterior Contractors in Idaho (SMU16000002023810001SA), retrieved from FRED.