All Employees: Mining, Logging, and Construction in Utah
SMU49000001500000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
158.60
Year-over-Year Change
4.20%
Date Range
1/1/1990 - 6/1/2025
Summary
This economic trend tracks the total number of employees in the mining, logging, and construction industries in the state of Utah. It is an important indicator of economic activity and job market conditions in these key sectors.
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, Logging, and Construction in Utah series measures the total employment levels across these industries within the state. This data is used by economists and policymakers to assess the strength of Utah's extractive and construction sectors and their contribution to the overall state economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in this metric can inform discussions around economic development, infrastructure investment, and the impact of policy changes in Utah.
Key Facts
- Utah's mining, logging, and construction sectors employ over 100,000 workers.
- Employment in these industries has grown by 20% in the past decade.
- The construction industry accounts for the largest share of jobs in this category.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of employees working in the mining, logging, and construction industries within the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: Changes in this employment data provide insights into the strength of key extractive and infrastructure-related sectors in Utah's economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through surveys of businesses and establishments in Utah.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess economic development, infrastructure investment needs, and the impacts of policy changes in Utah.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, All Employees: Mining, Logging, and Construction in Utah (SMU49000001500000001), retrieved from FRED.