All Employees: Utilities in Ohio

SMU39000004322000001A • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18.50

Year-over-Year Change

-3.14%

Date Range

1/1/1990 - 1/1/2024

Summary

The 'All Employees: Utilities in Ohio' metric tracks the total number of workers employed in the utilities industry within the state of Ohio. This data provides valuable insights into the health and performance of a critical 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

This series measures the total number of employees in the utilities industry across Ohio, including electric, gas, water, and sewage companies. It is an important indicator of activity and labor demand in this vital infrastructure-focused economic segment.

Methodology

The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.

Historical Context

Trends in utilities employment are closely monitored by policymakers, industry analysts, and investors to gauge the broader economic climate.

Key Facts

  • Ohio is one of the largest utilities markets in the U.S.
  • Utilities jobs make up around 1% of total employment in Ohio.
  • Utilities employment has been relatively stable in Ohio in recent years.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total number of workers employed in the utilities industry, including electric, gas, water, and sewage companies, within the state of Ohio.

Q: Why is this trend relevant for users or analysts?

A: Trends in utilities employment provide valuable insights into the health and performance of a critical economic sector that supports essential infrastructure and services.

Q: How is this data collected or calculated?

A: The data is collected through surveys of business establishments conducted by the U.S. Bureau of Labor Statistics.

Q: How is this trend used in economic policy?

A: Utilities employment data is closely monitored by policymakers, industry analysts, and investors to gauge the broader economic climate and activity levels in this vital infrastructure-focused sector.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis, with some potential for minor revisions to previously reported figures.

Related Trends

Citation

U.S. Federal Reserve, All Employees: Utilities in Ohio (SMU39000004322000001A), retrieved from FRED.