Utilities Earnings in Colorado
COEUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,900,860.00
Year-over-Year Change
-0.11%
Date Range
1/1/1998 - 1/1/2025
Summary
The Utilities Earnings in Colorado metric measures the total earnings of utility industry workers in the state of Colorado. This data provides insights into the economic performance and labor market conditions in this key industry.
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 Utilities Earnings in Colorado series tracks the total compensation paid to employees in the utilities sector, including electric, gas, water, and other utility services. This metric is used by economists and policymakers to assess the financial health and employment trends within Colorado's utility industry.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through employer surveys.
Historical Context
Utilities earnings data helps inform energy and infrastructure policies at the state and national level.
Key Facts
- Colorado is a top producer of natural gas and hydroelectric power.
- Utilities earnings make up over 2% of total private sector wages in Colorado.
- Utility jobs in Colorado pay 25% higher than the state's average private sector wage.
FAQs
Q: What does this economic trend measure?
A: The Utilities Earnings in Colorado metric tracks the total compensation paid to employees in the utilities sector within the state, including electric, gas, water, and other utility services.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the financial health and employment trends of Colorado's vital utilities industry, which is an important component of the state's overall economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through employer surveys.
Q: How is this trend used in economic policy?
A: Utilities earnings data helps inform energy and infrastructure policies at the state and national level, as the utilities sector is a critical component of a region's economic and industrial base.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Utilities Earnings in Colorado (COEUTI), retrieved from FRED.