Average Weekly Earnings of All Employees, Nondurable Goods
CES3200000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,250.18
Year-over-Year Change
4.22%
Date Range
3/1/2006 - 7/1/2025
Summary
Tracks weekly earnings for workers in nondurable goods sectors. Provides critical insight into wage trends and labor compensation in essential manufacturing industries.
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 average weekly earnings across nondurable goods manufacturing. Helps economists understand wage dynamics and sector-specific labor market conditions.
Methodology
Bureau of Labor Statistics surveys employers to calculate average weekly earnings.
Historical Context
Used by policymakers to assess wage growth and economic health in manufacturing.
Key Facts
- Covers essential manufacturing sectors like food and textiles
- Excludes overtime and supplemental compensation
- Reflects broader economic employment conditions
FAQs
Q: What industries are included in nondurable goods?
A: Includes food, apparel, paper, and chemical manufacturing sectors. Represents essential consumer goods production.
Q: How often is this data updated?
A: Monthly data release by Bureau of Labor Statistics. Provides current wage trend information.
Q: Why are average weekly earnings important?
A: Indicates worker compensation levels and potential consumer spending power. Signals economic health.
Q: How do nondurable goods earnings compare to other sectors?
A: Often reflects different wage structures compared to durable goods and service industries.
Q: Are these earnings adjusted for inflation?
A: Nominal values are reported. Real earnings require additional inflation adjustment.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees, Nondurable Goods (CES3200000011), retrieved from FRED.