Utilities Earnings in Rhode Island
RIEUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
341,681.00
Year-over-Year Change
30.37%
Date Range
1/1/1998 - 1/1/2025
Summary
The Utilities Earnings in Rhode Island trend measures total earnings in the utilities sector for the state of Rhode Island. This metric is important for economists and policymakers to understand employment and income trends within a key 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 Earnings in Rhode Island series tracks total compensation, including wages and salaries, for workers in the utilities sector across the state. This provides insight into economic activity and living standards in a critical infrastructure industry.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Utilities earnings data is used to inform policy decisions and market analysis related to energy, infrastructure, and cost-of-living trends.
Key Facts
- Rhode Island utilities earnings totaled $732 million in 2021.
- Utilities make up 1.7% of Rhode Island's total nonfarm employment.
- Utilities earnings in Rhode Island have increased by 3.2% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Utilities Earnings in Rhode Island trend measures total compensation, including wages and salaries, for workers employed in the utilities sector across the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into economic activity, employment, and living standards within a critical infrastructure industry in Rhode Island.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Utilities earnings data is used to inform policy decisions and market analysis related to energy, infrastructure, and cost-of-living trends.
Q: Are there update delays or limitations?
A: The Utilities Earnings in Rhode Island data is published on a monthly basis with a typical 2-month reporting lag.
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Citation
U.S. Federal Reserve, Utilities Earnings in Rhode Island (RIEUTI), retrieved from FRED.