Average Hourly Earnings of Production and Nonsupervisory Employees, Wholesale Trade
CES4142000008 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.52
Year-over-Year Change
4.06%
Date Range
1/1/1972 - 7/1/2025
Summary
Tracks hourly earnings for production workers in wholesale trade, providing insights into wage trends and labor compensation in this critical economic 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 metric measures average hourly wages for non-management employees in wholesale trade, reflecting labor market dynamics and compensation levels.
Methodology
Data collected through monthly establishment surveys by the Bureau of Labor Statistics.
Historical Context
Used by policymakers and economists to assess wage growth and labor market health.
Key Facts
- Reflects non-supervisory employee compensation
- Important indicator of economic sector health
- Helps track wage inflation trends
FAQs
Q: What does this series measure?
A: It tracks average hourly wages for production workers in wholesale trade, excluding management employees.
Q: Why are wholesale trade wages important?
A: They provide insights into labor market conditions and economic performance in a key distribution sector.
Q: How often is this data updated?
A: Monthly updates provide current wage trend information from the Bureau of Labor Statistics.
Q: How do these earnings compare to other sectors?
A: Allows comparison of wage levels across different economic sectors and industries.
Q: What factors influence these earnings?
A: Economic conditions, labor market demand, and industry-specific trends impact wholesale trade wages.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of Production and Nonsupervisory Employees, Wholesale Trade (CES4142000008), retrieved from FRED.