All Employees: Construction in Virginia
VACONS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
228.90
Year-over-Year Change
4.38%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'All Employees: Construction in Virginia' metric tracks the total number of workers employed in the construction industry in the state of Virginia. This key indicator provides insights into the health and activity of the Virginia 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
This series measures the seasonally adjusted total number of employees in the construction industry across Virginia. It is an important barometer of economic conditions and construction sector performance in the state.
Methodology
The data is collected through a monthly survey of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers use this metric to assess the strength of Virginia's construction industry and broader economic trends.
Key Facts
- Virginia's construction industry employs over 200,000 workers.
- Construction is a key driver of economic activity in the state.
- The construction sector accounts for 5% of Virginia's total employment.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Construction in Virginia' metric measures the total number of workers employed in the construction industry across the state of Virginia.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides important insights into the health and performance of Virginia's construction sector, which is a crucial component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the strength of Virginia's construction industry and broader economic trends, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Construction in Virginia (VACONS), retrieved from FRED.