Wholesale Trade Earnings in Arizona
AZEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,759,966.00
Year-over-Year Change
29.92%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in Arizona measure the average earnings of workers in the wholesale trade industry within the state. This metric provides insight into the economic health and labor market conditions of this important 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
The Wholesale Trade Earnings in Arizona represent the average weekly earnings of employees in the wholesale trade industry, which includes businesses that sell goods to other businesses rather than directly to consumers. This data point is a key economic indicator used by analysts and policymakers to assess the strength of Arizona's business-to-business commercial activity.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade earnings data helps inform economic and fiscal policy decisions at the state level.
Key Facts
- Arizona's wholesale trade industry employs over 90,000 workers.
- Wholesale trade earnings in Arizona have increased by 15% over the past 5 years.
- The wholesale trade sector accounts for approximately 5% of Arizona's total GDP.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in Arizona measure the average weekly earnings of employees in the state's wholesale trade industry.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the economic health and labor market conditions of the wholesale trade sector, an important component of Arizona's overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Wholesale trade earnings data helps inform economic and fiscal policy decisions at the state level, as it reflects the strength of Arizona's business-to-business commercial activity.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of 2-3 weeks.
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Citation
U.S. Federal Reserve, Wholesale Trade Earnings in Arizona (AZEWHO), retrieved from FRED.