All Employees: Transportation and Utilities: Utilities in Montana
SMU30000004322000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.06
Year-over-Year Change
3.18%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the utilities industry in Montana. It is an important indicator of economic activity and labor market conditions in the state's utilities 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 Montana data series tracks the monthly employment levels in the utilities industry across the state. It provides insights into the overall health and hiring trends within this critical infrastructure sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by economists, policymakers, and industry analysts to assess the performance and outlook of Montana's utilities industry.
Key Facts
- Montana's utilities industry employs over 4,000 workers.
- Utilities jobs account for 1.4% of total employment in Montana.
- Utilities employment in Montana has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees in the utilities industry in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the health and hiring trends of Montana's critical utilities sector, which is important for understanding broader economic conditions in the state.
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: This trend is used by economists, policymakers, and industry analysts to assess the performance and outlook of Montana's utilities industry, which is vital for infrastructure and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly by the Federal Reserve with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Utilities in Montana (SMU30000004322000001SA), retrieved from FRED.