All Employees: Transportation and Utilities: Utilities in North Carolina
SMU37000004322000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.50
Year-over-Year Change
0.00%
Date Range
1/1/1990 - 7/1/2025
Summary
This economic trend measures the total number of employees in the utilities industry in North Carolina. It provides insight into the size and labor dynamics of this key sector of the state's economy.
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 North Carolina indicator tracks the total number of people employed in the utilities industry across the state. This metric is used by economists and policymakers to analyze labor market trends and productivity in this essential infrastructure sector.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The utilities employment trend is relevant for understanding North Carolina's overall economic health and industrial composition.
Key Facts
- North Carolina has over 25,000 utility industry employees.
- Utilities account for 1.5% of total employment in the state.
- Utility jobs pay 25% higher than the state's average wage.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the utilities industry in the state of North Carolina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the size and labor dynamics of a key infrastructure sector in North Carolina's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this utilities employment trend to analyze labor market conditions and productivity in this essential industry.
Q: Are there update delays or limitations?
A: The data is subject to typical survey-based publication delays of several weeks.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Utilities in North Carolina (SMU37000004322000001), retrieved from FRED.