All Employees: Utilities in Montana
SMU30000004322000001A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.90
Year-over-Year Change
-9.38%
Date Range
1/1/1990 - 1/1/2024
Summary
The All Employees: Utilities in Montana trend measures the total number of utility industry workers in the state of Montana. This metric is closely watched by economists and policymakers to gauge the health and activity of Montana'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: Utilities in Montana data series tracks the total employment in the utilities industry within the state of Montana. This includes electric power generation, transmission and distribution, natural gas distribution, and water, sewage and other systems. The trend is used to analyze the economic conditions and outlook for Montana's utilities sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
The All Employees: Utilities in Montana trend is relevant for assessing the economic impact of utilities companies, infrastructure investment, and policies affecting the Montana energy and water sectors.
Key Facts
- Montana has over 6,000 utility industry employees.
- Utilities account for 2.5% of total employment in Montana.
- Utilities jobs in Montana pay an average of $69,000 per year.
FAQs
Q: What does this economic trend measure?
A: The All Employees: Utilities in Montana trend measures the total number of workers employed in the utilities industry within the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding the economic conditions and outlook for Montana's utilities sector, which includes electric power, natural gas, water and other essential infrastructure.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The All Employees: Utilities in Montana trend is used by policymakers, economists and market analysts to assess the economic impact of utilities companies, infrastructure investment, and policies affecting the Montana energy and water sectors.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical one-month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, All Employees: Utilities in Montana (SMU30000004322000001A), retrieved from FRED.