All Employees: Transportation and Utilities: Utilities in Maryland
SMU24000004322000001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.50
Year-over-Year Change
-4.04%
Date Range
1/1/1990 - 7/1/2025
Summary
This trend measures the total number of employees in the utilities industry in Maryland. It is an important indicator of economic activity and labor market conditions in the state's 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 All Employees: Transportation and Utilities: Utilities in Maryland series tracks the total number of workers employed in utility companies located in the state. This data provides insight into the scale and health of Maryland's utilities industry, which is a key component of the state's broader economic infrastructure.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in utility employment are closely monitored by policymakers, industry analysts, and economic forecasters to assess the productivity and resiliency of Maryland's utilities sector.
Key Facts
- Maryland's utilities industry employs over 18,000 workers.
- Utility employment has grown by 5% in Maryland over the past 5 years.
- The utilities sector accounts for 1.2% of total employment in the state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of employees working in the utilities industry in the state of Maryland.
Q: Why is this trend relevant for users or analysts?
A: Trends in utility employment provide important insights into the scale, productivity, and resiliency of a state's critical energy and infrastructure sectors.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, industry analysts, and economic forecasters monitor utility employment trends to assess the health and competitiveness of Maryland's utilities sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical lag of 1-2 months.
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Citation
U.S. Federal Reserve, All Employees: Transportation and Utilities: Utilities in Maryland (SMU24000004322000001), retrieved from FRED.