All Employees: Utilities in Wisconsin
SMU55000004322000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.50
Year-over-Year Change
-22.02%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Utilities in Wisconsin' trend measures the total number of employees in the utilities industry in the state of Wisconsin. This data point is important for economists and policymakers to understand the state of the Wisconsin labor market and energy 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 economic indicator tracks the total number of people employed in utility companies, including electric, gas, and water utilities, located within the state of Wisconsin. It provides insight into the size and health of this key industry, which is vital for powering homes, businesses, and the broader economy.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Utility employment trends are closely monitored by government agencies, analysts, and industry groups to assess energy infrastructure, investment, and economic conditions.
Key Facts
- Wisconsin has over 25,000 utility workers.
- Utility jobs make up around 1.5% of Wisconsin's total employment.
- Utility employment in Wisconsin has remained relatively stable in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of people employed in the utilities industry, including electric, gas, and water utilities, within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: Utility employment is an important indicator of the health and investment in Wisconsin's energy infrastructure, which is crucial for powering homes, businesses, and the broader state economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Utility employment trends are closely monitored by government agencies, analysts, and industry groups to assess energy capacity, investment, and broader economic conditions in Wisconsin.
Q: Are there update delays or limitations?
A: The utility employment data for Wisconsin is published on a monthly basis with minimal delays, providing timely insights into this important sector.
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Citation
U.S. Federal Reserve, All Employees: Utilities in Wisconsin (SMU55000004322000001A), retrieved from FRED.