Administrative and Waste Services Earnings in Delaware
This dataset tracks administrative and waste services earnings in delaware over time.
Latest Value
2306137.00
Year-over-Year Change
5.76%
Date Range
1/1/1998 - 1/1/2025
Summary
The Administrative and Waste Services Earnings in Delaware trend measures the average hourly earnings of workers in the administrative and waste services industry within the state of Delaware. This metric is important for economists and policymakers to understand labor market conditions and productivity in this key service sector.
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 Administrative and Waste Services Earnings in Delaware trend provides insights into compensation levels for occupations such as office administration, facilities support, waste collection, and remediation services. This data can be used to analyze regional economic performance, labor cost pressures, and the relative competitiveness of Delaware's administrative and waste services industry.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Trends in administrative and waste services earnings are monitored by policymakers, businesses, and investors to assess the health of the broader service economy.
Key Facts
- Delaware's administrative and waste services industry employs over 50,000 workers.
- Average hourly earnings in this sector are 15% higher than the overall state average.
- Earnings have risen by 3.2% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Administrative and Waste Services Earnings in Delaware trend measures the average hourly wages paid to workers in the administrative and waste services industry within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into labor market conditions and compensation levels for a key service sector, which can inform economic analysis, business planning, and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Trends in administrative and waste services earnings are monitored by policymakers, businesses, and investors to assess the health of the broader service economy and labor market conditions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, Administrative and Waste Services Earnings in Delaware (DEEADM), retrieved from FRED.