Average Weekly Earnings of All Employees, Goods-Producing
CES0600000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,480.69
Year-over-Year Change
4.15%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks average weekly earnings for goods-producing employees across the United States. Provides critical insight into wage trends in manufacturing and production 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
Measures compensation for workers in goods-producing industries. Reflects economic health and labor market dynamics in production-focused sectors.
Methodology
Calculated through comprehensive surveys of employers in goods-producing industries.
Historical Context
Used by policymakers and economists to assess wage growth and economic productivity.
Key Facts
- Covers manufacturing and production workers
- Indicates economic health of goods-producing sectors
- Reflects labor market compensation trends
FAQs
Q: What industries are included in goods-producing earnings?
A: Includes manufacturing, construction, mining, and other production-based sectors.
Q: How do these earnings compare to service sector wages?
A: Often higher due to specialized skills and technical requirements in production industries.
Q: Why track goods-producing employee earnings?
A: Provides insight into industrial economic health and worker compensation trends.
Q: How frequently are these earnings updated?
A: Monthly data updates from the Bureau of Labor Statistics.
Q: What factors influence these earnings?
A: Includes productivity, industry demand, economic conditions, and labor market dynamics.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees, Goods-Producing (CES0600000011), retrieved from FRED.