All Employees: Construction: Construction of Buildings in Oregon
SMU41000002023600001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.50
Year-over-Year Change
1.21%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of people employed in the construction of buildings industry in the state of Oregon. 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 Oregon series tracks the total employment in the construction of buildings industry within the state of Oregon. This data point is used by economists and policymakers to analyze trends in the construction sector and assess the overall health of the state's economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This employment trend is relevant for understanding investment, market conditions, and economic policy in Oregon's construction industry.
Key Facts
- Oregon's construction employment peaked in 2007 at over 90,000 jobs.
- The industry was significantly impacted by the 2008 recession, losing over 20,000 jobs.
- Construction employment has steadily recovered since the recession, reaching pre-recession levels in 2018.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the construction of buildings industry in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This trend is an important indicator of economic activity and investment in Oregon's construction sector, which is crucial for understanding the state's overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This employment trend is relevant for policymakers and economists to analyze investment, market conditions, and economic policy in Oregon's construction industry.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, All Employees: Construction: Construction of Buildings in Oregon (SMU41000002023600001), retrieved from FRED.