All Employees: Utilities in Mississippi
SMU28000004322000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.30
Year-over-Year Change
7.79%
Date Range
1/1/1990 - 1/1/2024
Summary
The 'All Employees: Utilities in Mississippi' trend measures the total number of people employed in the utilities industry in the state of Mississippi. This metric is important for economists and policymakers to understand regional employment patterns and economic activity.
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 trend tracks the total number of employees in the utilities sector, which includes electric, gas, water, and sewage treatment companies. It provides insight into the size and health of this key industry within the Mississippi economy.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Utilities employment is a leading indicator of economic conditions and investment in infrastructure.
Key Facts
- Mississippi utilities employ over 10,000 workers.
- Utilities jobs account for 2% of total employment in the state.
- Utilities employment has grown by 5% in Mississippi over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'All Employees: Utilities in Mississippi' trend measures the total number of people employed in the utilities industry, including electric, gas, water, and sewage treatment companies, within the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the size and health of a key industry within the Mississippi economy, helping analysts and policymakers understand regional employment patterns and economic activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Utilities employment is a leading indicator of economic conditions and investment in infrastructure, making this trend relevant for policymakers and market analysts.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of one to two months.
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Citation
U.S. Federal Reserve, All Employees: Utilities in Mississippi (SMU28000004322000001A), retrieved from FRED.