Forestry, Fishing, Related Activities, and Other Earnings in Arizona
AZEFOR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
577,420.00
Year-over-Year Change
12.05%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Forestry, Fishing, Related Activities, and Other Earnings in Arizona' trend measures earnings in the forestry, fishing, and related industries within the state of Arizona. This data provides valuable insights into the economic activity and output of these key sectors.
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 data series tracks earnings, which include wages and salaries, as well as other forms of compensation, for workers in the forestry, fishing, and related industries located in the state of Arizona. It is an important economic indicator for understanding the strength and performance of these natural resource-based industries in the state.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their regional economic accounts.
Historical Context
This trend is closely monitored by policymakers and industry analysts to gauge the health and competitiveness of Arizona's natural resource-based economy.
Key Facts
- Arizona is a major center for forestry and fishing activities in the Western United States.
- Earnings in these industries have fluctuated with changes in commodity prices and environmental conditions.
- The forestry and fishing sectors are important contributors to Arizona's overall economic output.
FAQs
Q: What does this economic trend measure?
A: This trend measures earnings, including wages and salaries, for workers in the forestry, fishing, and related industries located in the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insights into the performance and economic contribution of Arizona's natural resource-based industries, which are important drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis as part of their regional economic accounts.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers and industry analysts to gauge the health and competitiveness of Arizona's natural resource-based economy, which informs economic development and regulatory decisions.
Q: Are there update delays or limitations?
A: The data is published on a regular basis by the U.S. Bureau of Economic Analysis, but may be subject to revisions and updates due to the nature of regional economic data collection.
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Citation
U.S. Federal Reserve, Forestry, Fishing, Related Activities, and Other Earnings in Arizona (AZEFOR), retrieved from FRED.