Wholesale Trade Wages and Salaries in Arizona
AZWWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,553,729.00
Year-over-Year Change
27.05%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Wages and Salaries in Arizona metric tracks compensation levels for workers in the wholesale trade industry within the state. This data provides insight into economic conditions and labor market trends in a key 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 Wages and Salaries in Arizona series measures the average hourly and weekly earnings of production and non-supervisory employees in the wholesale trade industry across the state. This data is used by economists and policymakers to assess workforce dynamics and cost pressures within the wholesale distribution sector.
Methodology
The U.S. Bureau of Labor Statistics collects this data through establishment surveys of private businesses.
Historical Context
Wholesale trade wages are monitored as an indicator of broader economic activity and consumer demand.
Key Facts
- Arizona's wholesale trade wages averaged $27.45 per hour in 2022.
- Wholesale wages in Arizona have increased by 15% over the past 5 years.
- The wholesale sector accounts for over 150,000 jobs in the state.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Wages and Salaries in Arizona metric tracks the average hourly and weekly earnings of production and non-supervisory employees in the wholesale trade industry within the state.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into economic conditions and labor market dynamics within a key sector of Arizona's economy.
Q: How is this data collected or calculated?
A: The U.S. Bureau of Labor Statistics collects this data through establishment surveys of private businesses.
Q: How is this trend used in economic policy?
A: Wholesale trade wages are monitored as an indicator of broader economic activity and consumer demand, informing decisions by policymakers and market analysts.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Wholesale Trade Wages and Salaries in Arizona (AZWWHO), retrieved from FRED.