All Employees: Construction: Specialty Trade Contractors in Missouri
SMU29000002023800001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
101.10
Year-over-Year Change
4.12%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of construction specialty trade contractors employed in the state of Missouri. It is an important indicator of activity in the construction industry and broader economic 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: Construction: Specialty Trade Contractors in Missouri data series tracks the employment levels of specialty contractors in the construction sector, such as electricians, plumbers, and other skilled tradespeople. This metric provides insight into construction activity and the health of Missouri's regional economy.
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 economists monitor this construction employment trend to assess the strength of the Missouri economy and inform decisions on infrastructure investment and economic development initiatives.
Key Facts
- Missouri has over 100,000 construction specialty trade workers.
- Construction is one of the largest private-sector employers in the state.
- Specialty trade contractors account for over 60% of total construction jobs in Missouri.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of construction specialty trade contractors employed in the state of Missouri, providing insight into activity in the construction industry.
Q: Why is this trend relevant for users or analysts?
A: This construction employment metric is an important indicator of Missouri's regional economic conditions and can inform policy decisions around infrastructure investment and economic development.
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 economists monitor this construction employment trend to assess the strength of the Missouri economy and make informed decisions on infrastructure investment and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is subject to revisions and may have a lag of several months before the most recent figures are available.
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Citation
U.S. Federal Reserve, All Employees: Construction: Specialty Trade Contractors in Missouri (SMU29000002023800001), retrieved from FRED.