All Employees: Construction: Construction of Buildings in Nebraska
SMU31000002023600001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.97
Year-over-Year Change
-3.24%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the number of construction employees in the building construction industry in Nebraska. It is an important indicator of construction activity and economic conditions in the state.
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 Nebraska series tracks the total number of workers employed in the construction of residential and non-residential buildings in the state. This data provides insight into the health and growth of the construction sector, a key driver of economic activity.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this data to assess the strength of Nebraska's construction industry and make informed decisions about economic development and infrastructure investment.
Key Facts
- Nebraska construction employment reached a peak in 2022.
- Building construction accounts for over 50% of total construction jobs in the state.
- The construction industry is a major employer in Nebraska, making up around 5% of the state's workforce.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the construction of residential and non-residential buildings in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: The construction industry is a key driver of economic activity, and this data provides insight into the health and growth of the sector in Nebraska.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the strength of Nebraska's construction industry and make informed decisions about economic development and infrastructure investment.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in Nebraska (SMU31000002023600001SA), retrieved from FRED.