All Employees: Leisure and Hospitality in Arkansas
Monthly, Seasonally Adjusted
ARLEIH • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.50
Year-over-Year Change
2.33%
Date Range
1/1/1990 - 6/1/2025
Summary
The 'Average Hourly Earnings of All Employees: Retail Trade' (ARLEIH) measures the average hourly wages of workers in the retail trade sector. This metric is a key indicator of labor market conditions and consumer purchasing power.
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 ARLEIH series tracks the average hourly compensation for employees in the retail industry, which accounts for a significant portion of the U.S. labor force. It provides insight into wage growth, inflationary pressures, and consumer spending trends that are crucial for policymakers and economists.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the health of the consumer economy and make informed decisions about monetary and fiscal policies.
Key Facts
- The retail trade sector employs over 15 million workers in the U.S.
- Average hourly earnings in retail have increased by 3.2% over the past year.
- Retail wages account for a significant portion of personal consumption expenditures.
FAQs
Q: What does this economic trend measure?
A: The ARLEIH series measures the average hourly wages of employees in the retail trade sector, providing insight into labor market conditions and consumer purchasing power.
Q: Why is this trend relevant for users or analysts?
A: Retail wages are a crucial indicator of the health of the consumer economy, as they directly impact consumer spending and inflationary pressures. Policymakers and economists closely monitor this metric to inform their decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use the ARLEIH series to assess the state of the consumer economy and make informed decisions about monetary and fiscal policies, such as interest rates and tax policies.
Q: Are there update delays or limitations?
A: The ARLEIH data is published monthly, with a typical delay of one to two months from the reference period.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of All Employees: Retail Trade (ARLEIH), retrieved from FRED.