Average Weekly Earnings of Production and Nonsupervisory Employees, Retail Trade
This dataset tracks average weekly earnings of production and nonsupervisory employees, retail trade over time.
Latest Value
658.16
Year-over-Year Change
3.88%
Date Range
1/1/1972 - 7/1/2025
Summary
Tracks average weekly earnings for production and nonsupervisory employees in retail trade. Provides crucial insights into retail sector wage trends.
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 economic indicator measures typical weekly earnings for non-management retail workers. It helps understand wage dynamics in the retail employment sector.
Methodology
Calculated through monthly establishment surveys by the Bureau of Labor Statistics.
Historical Context
Used by economists to assess retail sector compensation and economic health.
Key Facts
- Reflects retail worker compensation levels
- Indicates consumer spending potential
- Sensitive to economic and labor market changes
FAQs
Q: What does this earnings series measure?
A: Average weekly earnings for non-management workers in the retail trade sector.
Q: How frequently is the data updated?
A: Monthly updates provide current retail wage information.
Q: Why are retail earnings important?
A: Indicates consumer spending power and overall economic health.
Q: How do retail wages impact the broader economy?
A: Reflects consumer purchasing potential and economic consumption patterns.
Q: What factors influence retail worker earnings?
A: Minimum wage laws, economic conditions, and retail sector performance affect earnings.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of Production and Nonsupervisory Employees, Retail Trade (CES4200000030), retrieved from FRED.