Information Earnings in District of Columbia
DCEINF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,804,930.00
Year-over-Year Change
27.29%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Information Earnings in District of Columbia' trend measures average weekly earnings in the information sector within the District of Columbia. This metric provides insight into the economic health and productivity of the region's technology and media industries.
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 series tracks the average weekly earnings of employees in information-related occupations and businesses in the District of Columbia. It is a key indicator of compensation and labor market conditions in the district's tech, telecom, publishing, and other information-intensive industries.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the competitiveness and growth potential of the District of Columbia's information economy.
Key Facts
- The information sector accounts for over 15% of D.C.'s total employment.
- Average weekly earnings in D.C.'s information industries are over 50% higher than the national average.
- Information earnings in D.C. have grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The 'Information Earnings in District of Columbia' trend measures the average weekly earnings of employees in information-related occupations and businesses within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the compensation levels and labor market conditions in the District's technology, telecommunications, media, and other information-intensive industries, which are critical drivers of the local economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the competitiveness and growth potential of the District of Columbia's information economy, which informs economic development strategies and workforce policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 2-month lag between the reference period and the release date.
Related Trends
Gross Domestic Product: Accommodation (721) in the District of Columbia
DCACCOMDNGSP
Gross Domestic Product: Utilities (22) in the District of Columbia
DCUTILNGSP
Gross Domestic Product: Pipeline Transportation (486) in the District of Columbia
DCPIPETRANNGSP
Real Gross Domestic Product: Publishing Industries (Except Internet) (511) in the District of Columbia
DCPUBINDRGSP
Monthly State Retail Sales: Motor Vehicle and Parts Dealers in District of Columbia
MSRSDC441
Average Hourly Earnings of All Employees: Professional and Business Services in the District of Columbia
SMU11000006000000003A
Citation
U.S. Federal Reserve, Information Earnings in District of Columbia (DCEINF), retrieved from FRED.