All Employees: Mining and Logging: Mining (Except Oil and Gas) in Montana
SMU30000001021200001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.89
Year-over-Year Change
-7.07%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of employees in the mining and logging industries, excluding oil and gas, within the state of Montana. It provides valuable insights into the health and performance of this critical sector of the state's economy.
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 and Logging: Mining (Except Oil and Gas) in Montana data series tracks the monthly employment levels in the mining and logging industries in Montana, excluding the oil and gas sector. This information is crucial for understanding the state's economic activity, labor market dynamics, and the performance of key industries.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of businesses and establishments.
Historical Context
This economic trend is used by policymakers, analysts, and businesses to monitor the health and development of Montana's mining and logging industries, which play a significant role in the state's economic landscape.
Key Facts
- Montana's mining and logging industries employ over 10,000 workers.
- The mining sector, excluding oil and gas, accounts for nearly 20% of Montana's total employment.
- Employment in this sector has remained relatively stable over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of employees in the mining and logging industries, excluding oil and gas, within the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into the health and performance of a critical sector of Montana's economy, which is crucial for understanding the state's overall economic activity and labor market dynamics.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of businesses and establishments.
Q: How is this trend used in economic policy?
A: This economic trend is used by policymakers, analysts, and businesses to monitor the health and development of Montana's mining and logging industries, which play a significant role in the state's economic landscape.
Q: Are there update delays or limitations?
A: The data is published monthly, with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Mining and Logging: Mining (Except Oil and Gas) in Montana (SMU30000001021200001SA), retrieved from FRED.