Utilities Wages and Salaries in Oregon
ORWUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
739,275.00
Year-over-Year Change
20.85%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Utilities Wages and Salaries in Oregon' trend measures the average hourly earnings of utility industry workers in the state of Oregon. This data provides insights into labor costs and compensation trends within a critical 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
This metric tracks the average hourly wage for employees in Oregon's utilities industry, which includes electric, gas, water, and sewage treatment companies. It is an important indicator of labor market conditions and production costs for a state's essential public services.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Quarterly Census of Employment and Wages program.
Historical Context
Utility wages and salaries are closely monitored by policymakers, industry analysts, and investors to assess the business climate and cost structure of this capital-intensive sector.
Key Facts
- Utility wages in Oregon averaged $38.24 per hour in 2022.
- Utility wages in Oregon have increased by 15% over the past 5 years.
- The utilities industry accounts for approximately 1% of total employment in Oregon.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of workers employed in Oregon's utilities industry, which includes electric, gas, water, and sewage treatment companies.
Q: Why is this trend relevant for users or analysts?
A: Utility wages and salaries are an important indicator of labor costs and compensation trends within a critical economic sector that provides essential public services.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Quarterly Census of Employment and Wages program.
Q: How is this trend used in economic policy?
A: Utility wages and salaries are closely monitored by policymakers, industry analysts, and investors to assess the business climate and cost structure of this capital-intensive sector.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag, and may be subject to revisions by the Bureau of Labor Statistics.
Related Trends
All Employees: Professional and Business Services in Oregon
ORPBSV
All Employees: Local Government Educational Services in Oregon
SMU41000009093161101A
Personal Consumption Expenditures: Nondurable Goods for Oregon
ORPCENDURG
Production or Nonsupervisory Employees: Manufacturing: Durable Goods in Oregon
SMU41000003100000006A
All Employees: Transportation and Utilities: Couriers and Messengers in Oregon
SMU41000004349200001
Real Gross Domestic Product: Private Services-Providing Industries in Oregon
ORPRISERVPRORGSP
Citation
U.S. Federal Reserve, Utilities Wages and Salaries in Oregon (ORWUTI), retrieved from FRED.