All Employees: Utilities in Hawaii
SMU15000004322000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.70
Year-over-Year Change
2.78%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Utilities in Hawaii' economic trend measures the total number of employees in the utilities industry in the state of Hawaii. This data provides insight into the economic activity and labor market in this key 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
The utilities industry in Hawaii includes companies engaged in the generation, transmission, and distribution of electricity, natural gas, and water. This employment metric is used by economists and policymakers to gauge the health and productivity of this essential infrastructure sector.
Methodology
The data is collected through a monthly survey of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in utilities employment are closely watched as an indicator of overall economic conditions and investment in public services.
Key Facts
- Hawaii's utilities sector employs over 5,000 workers.
- Utilities jobs make up around 1.5% of total employment in Hawaii.
- Utilities employment in Hawaii has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Utilities in Hawaii' trend measures the total number of people employed in the utilities industry, including electricity, natural gas, and water companies, in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic health and productivity of Hawaii's critical utilities infrastructure, which is important for understanding overall economic conditions and investment in the state.
Q: How is this data collected or calculated?
A: The data is collected through a monthly survey of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in utilities employment are closely monitored by economists and policymakers as an indicator of broader economic conditions and the state of public services and infrastructure investment.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to minor revisions over time.
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Citation
U.S. Federal Reserve, All Employees: Utilities in Hawaii (SMU15000004322000001A), retrieved from FRED.