All Employees: Construction: Building Equipment Contractors in Oregon
SMU41000002023820001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.00
Year-over-Year Change
-4.35%
Date Range
1/1/1990 - 6/1/2025
Summary
This trend measures the total number of employees in the building equipment contractors industry in Oregon. It provides insights into the construction and building sectors 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: Construction: Building Equipment Contractors in Oregon data series tracks the employment levels of companies that install or service building equipment, such as HVAC, plumbing, and electrical systems. This metric is a key indicator of construction industry activity and investment in Oregon.
Methodology
The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists monitor this employment trend to gauge the health of Oregon's construction sector and make informed decisions.
Key Facts
- Oregon has over 6,000 building equipment contractor employees.
- This industry accounts for 17% of Oregon's total construction workforce.
- Employment in this sector has grown by 9% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of employees working for building equipment contractors in Oregon, including HVAC, plumbing, and electrical system installers and servicers.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the health and activity of Oregon's construction industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this employment data to monitor the construction sector and make informed decisions about economic policies and investments.
Q: Are there update delays or limitations?
A: The data is published with a typical one-month lag, so the most recent month's figures may not be immediately available.
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ORRPIPC
Monthly State Retail Sales: Furniture and Home Furnishings Stores in Oregon
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Commercial Carbon Dioxide Emissions, Natural Gas for Oregon
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Citation
U.S. Federal Reserve, All Employees: Construction: Building Equipment Contractors in Oregon (SMU41000002023820001), retrieved from FRED.