Utilities Wages and Salaries in Mississippi
MSWUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
875,514.00
Year-over-Year Change
22.59%
Date Range
1/1/1998 - 1/1/2025
Summary
The Utilities Wages and Salaries in Mississippi trend measures the average earnings of workers in the utilities sector within the state of Mississippi. This metric is a key indicator of economic activity and labor market conditions in this important industry.
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 Mississippi data tracks the average hourly and weekly earnings of employees in electric power generation, natural gas distribution, and other utility industries across the state. This provides insight into compensation levels and changes over time within this capital-intensive sector.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Utilities wages are closely watched by policymakers, industry analysts, and investors to gauge overall economic performance and cost pressures.
Key Facts
- Mississippi's utilities wages are above the national average.
- Utility sector wages have risen faster than overall state wages in recent years.
- The utilities industry is a major employer in many Mississippi communities.
FAQs
Q: What does this economic trend measure?
A: The Utilities Wages and Salaries in Mississippi trend tracks the average hourly and weekly earnings of workers in the utilities sector across the state.
Q: Why is this trend relevant for users or analysts?
A: Utilities wages are a key indicator of economic activity, labor market conditions, and cost pressures in this important industry.
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 closely watched by policymakers, industry analysts, and investors to gauge overall economic performance.
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, Utilities Wages and Salaries in Mississippi (MSWUTI), retrieved from FRED.