All Employees: Construction: Heavy and Civil Engineering Construction in Utah

SMU49000002023700001SA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

13.06

Year-over-Year Change

5.86%

Date Range

1/1/1990 - 6/1/2025

Summary

This economic trend measures the total number of employees in the heavy and civil engineering construction industry in Utah. It provides insights into the labor market and economic activity in the state's 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: Heavy and Civil Engineering Construction in Utah series tracks the monthly employment levels in this specific construction industry within the state. It is used by economists and policymakers to monitor the health and trends of Utah's construction industry and broader economic conditions.

Methodology

This data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of employers.

Historical Context

The construction industry is a key driver of economic growth, and this trend offers valuable insights for analysts and decision-makers.

Key Facts

  • Utah's heavy and civil engineering construction industry employed over 20,000 workers as of the latest data.
  • Construction is one of the largest private-sector industries in Utah, accounting for around 6% of total employment.
  • Employment in this sector has seen steady growth in recent years, reflecting the state's robust economic conditions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of employees in the heavy and civil engineering construction industry in the state of Utah.

Q: Why is this trend relevant for users or analysts?

A: This data provides important insights into the health and trends of Utah's construction industry, which is a key driver of economic growth in the state.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Bureau of Labor Statistics through monthly surveys of employers.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this data to monitor the construction industry and broader economic conditions in Utah, which can inform decisions and policies.

Q: Are there update delays or limitations?

A: The data is published monthly, with a typical delay of around one month from the reference period.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Construction: Heavy and Civil Engineering Construction in Utah (SMU49000002023700001SA), retrieved from FRED.