All Employees: Mining, Logging, and Construction in Minnesota
SMU27000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
161.00
Year-over-Year Change
2.61%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the mining, logging, and construction industries in Minnesota. It provides valuable insights into the state's economic activity and labor market conditions.
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, Logging, and Construction in Minnesota trend tracks the employment levels across these key economic sectors in the state. It is a useful indicator for analyzing the overall health and productivity of Minnesota's extractive and construction industries.
Methodology
The data is collected through surveys of businesses and establishments in Minnesota.
Historical Context
This trend is closely monitored by policymakers, economists, and industry analysts to assess the state's economic performance and guide policy decisions.
Key Facts
- Minnesota is a major hub for mining, logging, and construction activities.
- The trend has seen significant fluctuations over the past decade.
- Employment in these sectors is closely tied to broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the mining, logging, and construction industries located in the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and productivity of Minnesota's extractive and construction sectors, which are key drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments operating in the mining, logging, and construction industries in Minnesota.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts closely monitor this trend to assess the state's economic performance and guide policy decisions related to these important sectors.
Q: Are there update delays or limitations?
A: There may be occasional delays in the reporting of this data, and the trend may not capture all employment activities in these sectors.
Similar SMU Trends
Average Hourly Earnings of Production Employees: Financial Activities: Finance and Insurance in Minnesota
SMU27000005552000008
Continued Claims (Insured Unemployment) in Minnesota
MNCCLAIMS
Industrial Carbon Dioxide Emissions, Natural Gas for Minnesota
EMISSCO2TOTVICNGMNA
Chain-Type Quantity Index for Real GDP: Waste Management and Remediation Services (562) in Minnesota
MNWASTEQGSP
Chain-Type Quantity Index for Real GDP: Educational Services (61) in Minnesota
MNEDCATQGSP
State Government Tax Collections, Total Other Taxes in Minnesota
MNTLOTHTAX
Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Minnesota (SMU27000001500000001), retrieved from FRED.