All Employees: Transportation and Utilities: Utilities in Minnesota
SMU27000004322000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.41
Year-over-Year Change
2.33%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the utilities industry in Minnesota. It is an important indicator of economic activity and employment in a critical 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 All Employees: Transportation and Utilities: Utilities in Minnesota metric tracks the total number of workers employed in the utilities industry across the state. This data provides insight into the size and health of this essential economic sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the broader economic conditions and labor market dynamics within Minnesota's utilities industry.
Key Facts
- Minnesota has over 20,000 utility workers.
- Utility employment has remained relatively stable in recent years.
- The utilities sector accounts for approximately 1.5% of Minnesota's total nonfarm employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the utilities industry across the state of Minnesota.
Q: Why is this trend relevant for users or analysts?
A: The utilities sector is a critical component of Minnesota's economy, and tracking employment in this industry provides valuable insights into broader economic conditions and labor market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health and performance of Minnesota's utilities industry, which can inform economic development strategies and regulatory policies.
Q: Are there update delays or limitations?
A: The data is typically released with a one-month lag and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Utilities in Minnesota (SMU27000004322000001SA), retrieved from FRED.