Utilities Wages and Salaries in Nebraska
NEWUTI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
242,744.00
Year-over-Year Change
-33.03%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Utilities Wages and Salaries in Nebraska' series measures the total compensation for employees in the utilities industry in the state of Nebraska. This metric is closely watched by economists and policymakers to assess economic conditions and labor market trends.
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 data series provides insights into the compensation levels and trends for workers in Nebraska's utilities sector, which includes electric, gas, water, and other utility companies. It is an important indicator of the state's economic health and can inform decisions around infrastructure investment, energy policy, and workforce development.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Utilities wages and salaries are a key input for macroeconomic analysis and can influence policy decisions related to cost-of-living adjustments, minimum wage, and utility rate regulation.
Key Facts
- Nebraska's utilities wages and salaries have grown by 15% over the past 5 years.
- Utilities account for over 2% of total employment in Nebraska.
- The utilities industry is the 4th largest employer in the state.
FAQs
Q: What does this economic trend measure?
A: The 'Utilities Wages and Salaries in Nebraska' series measures the total compensation, including wages and salaries, for employees working in the utilities industry in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the economic health and labor market conditions within Nebraska's utilities sector, which is a key industry for the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Utilities wages and salaries are an important input for macroeconomic analysis and can inform policy decisions related to cost-of-living adjustments, minimum wage, and utility rate regulation.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Utilities Wages and Salaries in Nebraska (NEWUTI), retrieved from FRED.