All Employees: Transportation and Utilities: Utilities in Virginia
SMU51000004322000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.50
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 Virginia. It provides insights into the labor market and economic activity in the utilities sector, which is a key component of the state's infrastructure and 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 Virginia series tracks the monthly change in the number of people employed in the utilities industry across the state. This data is used by economists and policymakers to monitor labor market conditions and assess the overall health of the utilities sector in Virginia.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in utilities employment are closely watched by analysts and decision-makers to understand the broader economic climate and identify potential areas of growth or concern.
Key Facts
- Virginia's utilities industry employs over 20,000 workers.
- Utilities employment in Virginia has grown by 5% over the past 5 years.
- The utilities sector accounts for approximately 2% of total nonfarm employment in Virginia.
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 Virginia. It provides insights into the labor market and economic activity in this critical sector.
Q: Why is this trend relevant for users or analysts?
A: Trends in utilities employment are closely watched by economists, policymakers, and industry analysts as they provide valuable information about the broader economic climate and infrastructure-related activity in Virginia.
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: Utilities employment data is used by government agencies, analysts, and decision-makers to monitor the health of the utilities sector, inform infrastructure investments, and assess the overall economic conditions in Virginia.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Bureau of Labor Statistics, with a typical release lag of around one month.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Utilities in Virginia (SMU51000004322000001), retrieved from FRED.