Transportation and Warehousing Wages and Salaries in Arizona
AZWTRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,681,207.00
Year-over-Year Change
25.83%
Date Range
1/1/1998 - 1/1/2025
Summary
The Transportation and Warehousing Wages and Salaries in Arizona series tracks earnings for workers in the transportation and warehousing industry within the state. This metric is a key indicator of economic activity and labor market conditions in 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
This series measures the average hourly and weekly wages and salaries paid to employees in the transportation and warehousing industry across Arizona. It provides insights into compensation trends and workforce dynamics within this crucial component of the state's economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this data to assess the economic health of Arizona's transportation and logistics sectors.
Key Facts
- Transportation and warehousing accounts for over 5% of Arizona's GDP.
- Wages in this sector have grown by 3.2% annually over the past 5 years.
- Arizona ranks 7th nationally for transportation and warehousing employment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average hourly and weekly wages and salaries paid to workers in the transportation and warehousing industry across the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into compensation trends and workforce dynamics within a crucial sector of Arizona's economy, which is important for policymakers and economists analyzing the state's economic health and growth.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to assess the economic health and labor market conditions in Arizona's transportation and logistics sectors, which are vital to the state's overall economic performance.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a lag of several weeks between the reference period and the release of the latest figures.
Related Trends
Chain-Type Quantity Index for Real GDP: Wholesale Trade (42) in Arizona
AZWHOLEQQGSP
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for Arizona
AZPCEGONPI
Transportation Carbon Dioxide Emissions, Distillate Fuel for Arizona
EMISSCO2VDFACBAZA
Gross Domestic Product: Finance and Insurance (52) in Arizona
AZFININSNGSP
State Government Tax Collections, General Sales and Gross Receipts Taxes in Arizona
AZSALESTAX
Residential Carbon Dioxide Emissions, Natural Gas (Pipeline) for Arizona
EMISSCO2VNGRCBAZA
Citation
U.S. Federal Reserve, Transportation and Warehousing Wages and Salaries in Arizona (AZWTRA), retrieved from FRED.