Transportation and Warehousing Earnings in Arkansas
ARETRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,949,573.00
Year-over-Year Change
9.46%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Transportation and Warehousing Earnings in Arkansas' economic trend measures the average weekly earnings for workers in the transportation and warehousing industry within the state of Arkansas. This metric is important for analyzing labor market conditions and economic growth in the logistics 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
This series provides insights into the compensation levels for employees in Arkansas' transportation and warehousing industries, which are crucial for the state's economy. The data can be used to track trends in labor costs, worker productivity, and the overall competitiveness of the logistics sector.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and business leaders monitor this trend to understand the economic health and competitiveness of Arkansas' logistics infrastructure.
Key Facts
- Arkansas' transportation and warehousing sector employs over 75,000 workers.
- Average weekly earnings in this industry are $860, above the state's overall average.
- The transportation and warehousing industry accounts for 5% of Arkansas' GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings for workers in the transportation and warehousing industry within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor costs and competitiveness within a crucial sector of Arkansas' economy, which is important for policymakers and business leaders.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and business leaders monitor this trend to understand the economic health and competitiveness of Arkansas' logistics infrastructure.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Transportation and Warehousing Earnings in Arkansas (ARETRA), retrieved from FRED.