Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Oregon
SMU41000004000000002 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
33.20
Year-over-Year Change
-3.77%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Oregon metric tracks the average number of hours worked per week by employees in these key economic sectors within the state.
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 metric provides insight into labor utilization and productivity trends in Oregon's trade, transportation, and utilities industries. It is a closely watched indicator of economic activity and can inform policy decisions related to employment, wages, and workforce planning.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This statistic is used by economists, policymakers, and businesses to assess the health and trends of Oregon's service-providing industries.
Key Facts
- Oregon's average weekly hours in trade, transportation, and utilities have remained relatively stable over the past decade.
- The COVID-19 pandemic caused a temporary decline in average weekly hours in these sectors in Oregon.
- Tracking this metric helps economists gauge the strength of Oregon's service-providing industries.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average number of hours worked per week by employees in Oregon's trade, transportation, and utilities industries.
Q: Why is this trend relevant for users or analysts?
A: This statistic provides insight into labor utilization and productivity trends in key service-providing sectors, informing economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, policymakers, and businesses use this metric to assess the health and trends of Oregon's trade, transportation, and utilities industries.
Q: Are there update delays or limitations?
A: The data is published monthly with typical publication lags of a few weeks.
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Citation
U.S. Federal Reserve, Average Weekly Hours of All Employees: Trade, Transportation, and Utilities in Oregon (SMU41000004000000002), retrieved from FRED.