Average Weekly Earnings of Production and Nonsupervisory Employees, Professional and Business Services
CES6000000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,351.53
Year-over-Year Change
4.21%
Date Range
1/1/1964 - 7/1/2025
Summary
Tracks weekly earnings for production and nonsupervisory employees in professional and business services. Provides critical insight into wage trends and labor market health.
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 average compensation for workers in professional and business service sectors. It helps economists understand wage dynamics and economic performance.
Methodology
Data collected through monthly establishment surveys by the Bureau of Labor Statistics.
Historical Context
Used by policymakers to assess labor market conditions and wage growth potential.
Key Facts
- Reflects compensation trends in professional sectors
- Excludes supervisory and management personnel
- Important indicator of economic health
FAQs
Q: What does this economic series measure?
A: It tracks average weekly earnings for non-management workers in professional and business services. Provides insight into wage trends in these sectors.
Q: Why are these earnings important?
A: They indicate economic health, worker compensation, and potential consumer spending power in professional service industries.
Q: How often is this data updated?
A: Monthly data releases provide current wage trend information from the Bureau of Labor Statistics.
Q: What sectors are included?
A: Covers professional, scientific, technical, management, and administrative service workers.
Q: Are these figures adjusted for inflation?
A: Raw data is provided; analysts typically adjust for inflation to understand real wage changes.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of Production and Nonsupervisory Employees, Professional and Business Services (CES6000000030), retrieved from FRED.