Retail Trade Earnings in Delaware
DEERET • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,712,348.00
Year-over-Year Change
11.36%
Date Range
1/1/1998 - 1/1/2025
Summary
The Retail Trade Earnings in Delaware trend measures average weekly earnings for workers in the retail trade industry within the state of Delaware. This data is crucial for understanding consumer spending and economic conditions.
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 Retail Trade Earnings in Delaware series tracks the average weekly earnings for employees in the retail trade sector across the state. This provides insight into wage growth and consumer purchasing power, which are key indicators of economic health and consumer demand.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the strength of Delaware's consumer economy.
Key Facts
- Delaware's retail trade earnings have risen 3.2% in the past year.
- Retail is a major industry in Delaware, employing over 75,000 workers.
- Retail trade earnings in Delaware are 7% above the national average.
FAQs
Q: What does this economic trend measure?
A: The Retail Trade Earnings in Delaware trend measures the average weekly earnings for workers in the retail trade industry within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into wage growth and consumer purchasing power within Delaware's retail sector, which are key indicators of economic health and consumer demand.
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 trend to assess the strength of Delaware's consumer economy and make informed decisions about fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Retail Trade Earnings in Delaware (DEERET), retrieved from FRED.