All Sectors; Compensation of Employees Paid (IMA), Transactions
ASCOEPQ027S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,498,144.00
Year-over-Year Change
17.49%
Date Range
10/1/1946 - 1/1/2025
Summary
This economic trend measures the total compensation paid to employees across all sectors of the U.S. economy. It provides insights into labor costs and productivity that are crucial for understanding macroeconomic conditions.
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 Compensation of Employees Paid (IMA) trend tracks the total dollar value of wages, salaries, bonuses, and other remuneration paid to workers in the United States. It is a widely-used indicator of the overall health of the labor market and a key input for policymakers and economists analyzing economic growth.
Methodology
The data is collected through surveys of businesses and households by the U.S. Bureau of Economic Analysis.
Historical Context
This metric is closely monitored by the Federal Reserve and other institutions to gauge inflationary pressures and guide monetary policy decisions.
Key Facts
- The series dates back to 1947.
- It covers over 130 million civilian employees.
- Compensation accounts for over 50% of U.S. GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of wages, salaries, and other compensation paid to employees across all sectors of the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This metric provides key insights into labor costs and productivity that are crucial for understanding the overall health of the U.S. economy and guiding policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and households by the U.S. Bureau of Economic Analysis.
Q: How is this trend used in economic policy?
A: The Compensation of Employees Paid trend is closely monitored by the Federal Reserve and other institutions to gauge inflationary pressures and guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months.
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Citation
U.S. Federal Reserve, All Sectors; Compensation of Employees Paid (IMA), Transactions (ASCOEPQ027S), retrieved from FRED.