Utilities Earnings in North Dakota
NDEUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
521,822.00
Year-over-Year Change
-1.18%
Date Range
1/1/1998 - 1/1/2025
Summary
The Utilities Earnings in North Dakota series measures the total earnings of employees in the utilities industry within the state of North Dakota. This metric provides insights into the economic health and activity 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 Dakota data series tracks the total wages and salaries paid to workers employed in the utilities industry, which includes electric power, natural gas, water, and sewer services. This metric serves as an indicator of the overall economic performance and consumer demand in the utilities sector.
Methodology
The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses and government agencies.
Historical Context
Utilities earnings data is used by economists, policymakers, and market analysts to assess the strength of the utilities industry and its contribution to the broader state economy.
Key Facts
- North Dakota's utilities industry employs over 5,000 workers.
- Utilities earnings account for nearly 3% of the state's total personal income.
- Utilities earnings in North Dakota have grown by over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: The Utilities Earnings in North Dakota series measures the total earnings, including wages and salaries, of employees working in the utilities industry within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic performance and consumer demand in the utilities sector, which is a key component of North Dakota's overall economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Economic Analysis through surveys of businesses and government agencies.
Q: How is this trend used in economic policy?
A: Utilities earnings data is used by economists, policymakers, and market analysts to assess the strength of the utilities industry and its contribution to the broader state economy.
Q: Are there update delays or limitations?
A: The Utilities Earnings in North Dakota data is published on a quarterly basis with a short delay, typically 2-3 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Utilities Earnings in North Dakota (NDEUTI), retrieved from FRED.