Durable Manufacturing Earnings in District of Columbia
DCEDUR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
105,363.00
Year-over-Year Change
40.97%
Date Range
1/1/1998 - 1/1/2025
Summary
The Durable Manufacturing Earnings in District of Columbia measures the average weekly earnings of production and nonsupervisory employees in the durable goods manufacturing sector in the District of Columbia. This metric provides insight into the economic health and wage trends of the local manufacturing industry.
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 Durable Manufacturing Earnings in District of Columbia is a key economic indicator that tracks the average weekly wages of workers in the durable goods manufacturing sector within the District of Columbia. It is used by economists and policymakers to analyze industry-specific wage dynamics and the broader economic conditions in the region.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in durable manufacturing earnings are closely monitored by government agencies, economists, and industry stakeholders to inform economic and workforce policies.
Key Facts
- Durable manufacturing accounts for a significant portion of the D.C. economy.
- Wages in the sector have grown steadily over the past decade.
- Fluctuations in durable manufacturing earnings can signal broader economic trends in the region.
FAQs
Q: What does this economic trend measure?
A: The Durable Manufacturing Earnings in District of Columbia measures the average weekly earnings of production and nonsupervisory employees in the durable goods manufacturing sector within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the economic health and wage dynamics of the local manufacturing industry, which is an important sector for the D.C. economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in durable manufacturing earnings are closely monitored by government agencies, economists, and industry stakeholders to inform economic and workforce policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical release schedule and potential revisions common to economic statistics published by government agencies.
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Citation
U.S. Federal Reserve, Durable Manufacturing Earnings in District of Columbia (DCEDUR), retrieved from FRED.