All Employees: Mining and Logging in South Carolina
SMU45000001000000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.60
Year-over-Year Change
2.22%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the mining and logging industry in South Carolina. It is an important indicator of economic activity and labor market conditions in this 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: Mining and Logging in South Carolina metric tracks the total number of people employed in the mining, quarrying, and logging industries within the state. This data provides insight into the strength and dynamics of a key component of South Carolina's economy.
Methodology
The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health and performance of South Carolina's extractive industries.
Key Facts
- Mining and logging account for approximately 1% of total employment in South Carolina.
- Employment in this sector has remained relatively stable over the past decade.
- South Carolina is a major producer of minerals such as kaolin, granite, and sand and gravel.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the mining and logging industries within the state of South Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the performance and health of a key component of South Carolina's economy, which is important for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the strength and dynamics of South Carolina's extractive industries, which can inform economic development strategies and policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months from the reference period.
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Citation
U.S. Federal Reserve, All Employees: Mining and Logging in South Carolina (SMU45000001000000001SA), retrieved from FRED.