Forestry, Fishing, Related Activities, and Other Earnings in Nebraska
NEEFOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
441,621.00
Year-over-Year Change
13.12%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Forestry, Fishing, Related Activities, and Other Earnings in Nebraska' metric measures income from these industries in the state. This data provides insights into the economic performance of Nebraska's natural resource sectors.
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 series tracks earnings, which include wages and salaries, as well as other forms of compensation, in Nebraska's forestry, fishing, and related industries. It offers a valuable indicator of activity and labor market conditions in these important natural resource-based sectors.
Methodology
The data is collected through surveys by the U.S. Bureau of Economic Analysis.
Historical Context
Policymakers and analysts use this metric to understand trends in Nebraska's natural resource economy and its overall economic health.
Key Facts
- Nebraska is a leading producer of agricultural and natural resource commodities.
- Forestry and fishing account for a small but important part of the state's economy.
- Earnings in these sectors can indicate the relative strength of natural resource industries.
FAQs
Q: What does this economic trend measure?
A: This metric measures earnings, including wages and salaries, in Nebraska's forestry, fishing, and related natural resource industries.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the performance and economic contribution of Nebraska's natural resource sectors, which are important for the state's overall economic health.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to understand trends in Nebraska's natural resource economy and its implications for the state's overall economic performance.
Q: Are there update delays or limitations?
A: There may be delays in the release of this data, as it is dependent on the survey and publication schedule of the U.S. Bureau of Economic Analysis.
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Citation
U.S. Federal Reserve, Forestry, Fishing, Related Activities, and Other Earnings in Nebraska (NEEFOR), retrieved from FRED.