Indexes of Aggregate Weekly Hours of Production and Nonsupervisory Employees, Utilities
Seasonally Adjusted
CES4422000034 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
104.10
Year-over-Year Change
1.36%
Date Range
1/1/1972 - 7/1/2025
Summary
Provides seasonally adjusted employment data for the utilities sector, accounting for predictable annual variations in workforce patterns.
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 economic metric normalizes utility sector employment data to reveal underlying trends by removing seasonal fluctuations.
Methodology
Statistical adjustment using standard Bureau of Labor Statistics seasonal modification techniques.
Historical Context
Critical for accurate economic analysis and workforce planning in utility industries.
Key Facts
- Removes predictable seasonal employment variations
- Enables more accurate long-term workforce analysis
- Standard economic data normalization technique
FAQs
Q: What does seasonally adjusted mean?
A: Removes predictable seasonal variations to reveal underlying employment trends.
Q: Why is seasonal adjustment important?
A: Provides clearer view of true employment changes without seasonal noise.
Q: How are seasonal adjustments calculated?
A: Uses statistical models that account for recurring annual employment patterns.
Q: Do seasonal adjustments change the actual data?
A: No, they provide an alternative interpretation of the same underlying data.
Q: How frequently is this data updated?
A: Typically updated monthly with the latest employment statistics.
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Citation
U.S. Federal Reserve, Seasonally Adjusted (CES4422000034), retrieved from FRED.