Utilities Wages and Salaries in Arkansas
ARWUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
949,286.00
Year-over-Year Change
24.31%
Date Range
1/1/1998 - 1/1/2025
Summary
The Utilities Wages and Salaries in Arkansas metric tracks compensation for workers in the utilities industry within the state. This data point is important for economists and policymakers to understand labor market trends and cost pressures in this key economic 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 Utilities Wages and Salaries in Arkansas series measures the average hourly and weekly earnings of production and non-supervisory employees in the utilities industry across the state. This metric provides insight into compensation levels and trends for a critical infrastructure sector.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Utilities wages are a key input for policymakers and market analysts assessing the overall economic health and cost environment.
Key Facts
- Arkansas utilities wages averaged $33.72 per hour in 2022.
- Utilities wages in Arkansas are 22% higher than the national average.
- The utilities sector accounts for 1.4% of total employment in Arkansas.
FAQs
Q: What does this economic trend measure?
A: The Utilities Wages and Salaries in Arkansas metric tracks the average hourly and weekly earnings of production and non-supervisory employees in the utilities industry across the state.
Q: Why is this trend relevant for users or analysts?
A: This data point provides important insight into compensation levels and trends for a critical infrastructure sector, which is relevant for economists, policymakers, and market analysts assessing the overall economic health and cost environment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Utilities wages are a key input for policymakers and market analysts assessing the overall economic health and cost environment.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Utilities Wages and Salaries in Arkansas (ARWUTI), retrieved from FRED.