All Employees: Construction: Construction of Buildings in Missouri
SMU29000002023600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.82
Year-over-Year Change
2.86%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend measures the total number of employees in the construction of buildings industry in the state of Missouri. It is an important indicator of economic activity and investment in the construction 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: Construction of Buildings in Missouri series tracks the total number of workers employed in the construction of new residential, commercial, and other buildings within the state. This data provides insights into the health and growth of Missouri's construction industry, which is a key driver of economic activity.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the state of Missouri's construction sector and make informed decisions about economic and infrastructure development.
Key Facts
- Missouri's construction industry employs over 100,000 workers.
- Construction activity in Missouri has grown by 5% annually over the past 3 years.
- The construction sector accounts for 4% of Missouri's total GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the construction of buildings industry in the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and growth of Missouri's construction sector, which is a key driver of economic activity in the state.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the state of Missouri's construction sector and make informed decisions about economic and infrastructure development.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in Missouri (SMU29000002023600001SA), retrieved from FRED.