Wholesale Trade Earnings in District of Columbia
DCEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,160,664.00
Year-over-Year Change
15.49%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in District of Columbia measures the average weekly earnings of employees in the wholesale trade industry within the District of Columbia. This metric provides insight into the economic health and labor market conditions of the wholesale sector in the region.
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
Wholesale trade is a key component of the overall economy, serving as an intermediary between manufacturers and retailers. The earnings data for this industry in DC helps analysts and policymakers understand trends in compensation, labor supply, and business performance within this crucial economic sector.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade earnings figures are closely monitored by economists, investors, and government agencies to gauge economic activity and guide policy decisions.
Key Facts
- Wholesale trade accounts for over 18,000 jobs in DC.
- Wholesale earnings in DC have risen by 12% over the past 5 years.
- The wholesale sector contributes over $5 billion annually to DC's GDP.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in District of Columbia measures the average weekly earnings of employees in the wholesale trade industry within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic health and labor market conditions of the wholesale sector in the DC region, which is a key component of the overall economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Wholesale trade earnings figures are closely monitored by economists, investors, and government agencies to gauge economic activity and guide policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Wholesale Trade Earnings in District of Columbia (DCEWHO), retrieved from FRED.