Utilities Wages and Salaries in Delaware
DEWUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
282,714.00
Year-over-Year Change
9.92%
Date Range
1/1/1998 - 1/1/2025
Summary
The Utilities Wages and Salaries in Delaware trend measures the average hourly earnings of workers in the utilities industry within the state of Delaware. This metric is a key indicator of economic activity and labor market conditions in the energy and utilities 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 Delaware series tracks the average hourly compensation for employees in the utilities industry, including electric, gas, water, and sewage services. This data provides insights into the state's labor market and the relative strength of a critical industry.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Utilities wages are monitored by policymakers and analysts to assess the financial health and productivity of this important infrastructure sector.
Key Facts
- Delaware's utilities wages are above the national average.
- Wages in this sector have grown steadily over the past decade.
- The utilities industry accounts for about 1% of Delaware's total employment.
FAQs
Q: What does this economic trend measure?
A: The Utilities Wages and Salaries in Delaware trend measures the average hourly earnings of workers in the utilities industry within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the labor market conditions and economic performance of a key infrastructure sector in Delaware.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Utilities wages are monitored by policymakers and analysts to assess the financial health and productivity of this important infrastructure sector.
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 Delaware (DEWUTI), retrieved from FRED.