Indexes of Aggregate Weekly Payrolls of All Employees, Other Services
CEU8000000017 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
199.80
Year-over-Year Change
2.78%
Date Range
3/1/2006 - 7/1/2025
Summary
This index tracks aggregate weekly payrolls for employees in the Other Services sector, providing insights into wage dynamics and economic activity. It serves as a key indicator of 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
The index measures total weekly payroll values across Other Services industries. It helps economists and policymakers understand wage trends and sectoral economic performance.
Methodology
Calculated by surveying employers and aggregating total weekly wage payments.
Historical Context
Used by policymakers to assess labor market strength and sectoral economic conditions.
Key Facts
- Tracks comprehensive service sector payrolls
- Indicates labor market compensation trends
- Reflects economic activity in service industries
FAQs
Q: What does this payroll index measure?
A: It tracks total weekly wage payments across various Other Services industries, reflecting compensation levels.
Q: Why are payroll indexes important?
A: They provide insights into wage trends, economic health, and potential consumer spending patterns.
Q: How frequently is this data updated?
A: Typically updated monthly by the Bureau of Labor Statistics.
Q: What industries are included in 'Other Services'?
A: Includes personal services, repair services, and other miscellaneous service-oriented businesses.
Q: What are the limitations of this index?
A: It may not capture informal economy wages or recent rapid economic transformations.
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Citation
U.S. Federal Reserve, Indexes of Aggregate Weekly Payrolls of All Employees, Other Services (CEU8000000017), retrieved from FRED.