Utilities Earnings in Maryland
MDEUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,100,184.00
Year-over-Year Change
2.44%
Date Range
1/1/1998 - 1/1/2025
Summary
The Utilities Earnings in Maryland trend measures the total earnings of workers in the utilities industry in the state of Maryland. This metric provides insight into the economic performance and labor market conditions within the utilities 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
The Utilities Earnings in Maryland series tracks the total compensation earned by employees in the utilities industry, which includes electric, gas, water, and waste management companies. This data is used by economists and policymakers to analyze industry-specific trends and understand the overall health of the state's economy.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Historical Context
Utilities earnings data informs decisions around energy policy, infrastructure investment, and regional economic development.
Key Facts
- Maryland's utilities industry employs over 16,000 workers.
- Utilities earnings account for 3.2% of total private-sector wages in the state.
- Utilities earnings have grown by 7.5% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Utilities Earnings in Maryland trend measures the total earnings of workers employed in the utilities industry in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the economic performance and labor market conditions of the utilities sector in Maryland, which is an important industry for the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Utilities earnings data informs decisions around energy policy, infrastructure investment, and regional economic development.
Q: Are there update delays or limitations?
A: The Utilities Earnings in Maryland data is published quarterly with a typical 3-month lag.
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Citation
U.S. Federal Reserve, Utilities Earnings in Maryland (MDEUTI), retrieved from FRED.