Utilities Earnings in North Carolina
NCEUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,041,313.00
Year-over-Year Change
-8.42%
Date Range
1/1/1998 - 1/1/2025
Summary
The Utilities Earnings in North Carolina trend measures the total earnings of utilities industry workers in the state. This metric is important for understanding the economic health and growth of 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 North Carolina data series tracks the total payroll and earnings of workers employed in the utilities industry across the state. This provides insight into the economic activity and productivity of a key infrastructure sector.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Utilities earnings data is used by policymakers, economists, and industry analysts to gauge the overall performance and outlook for the utilities sector.
Key Facts
- North Carolina is a top 10 state for utilities employment.
- Utilities earnings grew 4.2% in North Carolina last year.
- The utilities sector accounts for over 30,000 jobs in the state.
FAQs
Q: What does this economic trend measure?
A: The Utilities Earnings in North Carolina trend measures the total earnings and payroll of workers employed in the utilities industry across the state.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the economic performance and outlook for the utilities sector, which is a critical infrastructure industry.
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 earnings data is used by policymakers, economists, and industry analysts to gauge the overall health and growth of the utilities sector.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Utilities Earnings in North Carolina (NCEUTI), retrieved from FRED.