Production or Nonsupervisory Employees: Construction in Washington
SMU53000002000000006 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
151.00
Year-over-Year Change
-7.36%
Date Range
1/1/2001 - 7/1/2025
Summary
This economic trend measures the number of production or nonsupervisory employees in the construction industry in Washington state. It provides insight into the health and activity of the local 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 Production or Nonsupervisory Employees: Construction in Washington data series tracks the number of workers in non-managerial roles within the construction industry in the state of Washington. This metric offers economists and policymakers a snapshot of construction activity and labor market conditions.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in construction employment are closely watched by economists and market analysts as a leading indicator of broader economic activity and investment.
Key Facts
- Construction is a major industry in Washington, accounting for over 5% of state GDP.
- Nonsupervisory construction jobs make up approximately 75% of the industry's workforce.
- Employment in this sector tends to be cyclical, tracking broader economic conditions.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of production or nonsupervisory employees in the construction industry within the state of Washington.
Q: Why is this trend relevant for users or analysts?
A: Trends in construction employment are a key leading indicator of broader economic activity and investment in the state.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts closely monitor construction employment as a signal of economic conditions and the outlook for investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, Production or Nonsupervisory Employees: Construction in Washington (SMU53000002000000006), retrieved from FRED.