Durable Manufacturing Earnings in Delaware

DEEDUR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

768,269.00

Year-over-Year Change

13.32%

Date Range

1/1/1998 - 1/1/2025

Summary

The Durable Manufacturing Earnings in Delaware trend measures average weekly earnings in the durable goods manufacturing sector within the state. This metric provides insight into the economic health and productivity of an important industry in Delaware.

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

Durable goods are products designed to last more than three years, such as machinery, appliances, and vehicles. Analyzing earnings in this manufacturing segment helps economists and policymakers understand wage dynamics, labor market conditions, and economic growth potential in Delaware.

Methodology

The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.

Historical Context

Trends in durable goods manufacturing earnings are closely watched by analysts assessing the broader economic outlook.

Key Facts

  • Delaware's durable manufacturing sector employs over 25,000 workers.
  • Average weekly earnings in this industry are 20% higher than the state average.
  • Durable goods production accounts for 12% of Delaware's GDP.

FAQs

Q: What does this economic trend measure?

A: The Durable Manufacturing Earnings in Delaware trend measures average weekly earnings for workers in the durable goods manufacturing sector within the state.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into wage dynamics, labor market conditions, and growth potential in an important industry for Delaware's economy.

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 durable manufacturing earnings are closely watched by analysts assessing the broader economic outlook and by policymakers considering industry-specific interventions.

Q: Are there update delays or limitations?

A: The data is published with a typical lag of 1-2 months and may be subject to revision.

Related Trends

Citation

U.S. Federal Reserve, Durable Manufacturing Earnings in Delaware (DEEDUR), retrieved from FRED.