Information Wages and Salaries in Delaware
DEWINF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
361,982.00
Year-over-Year Change
14.06%
Date Range
1/1/1998 - 1/1/2025
Summary
The Information Wages and Salaries in Delaware series measures average weekly wages and salaries for the information industry in the state of Delaware. This metric is important for economists and policymakers to understand labor market trends and income growth in the information 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 Information Wages and Salaries in Delaware series tracks average weekly earnings for workers in the information industry, which includes publishing, telecommunications, data processing, and other information-related economic activities. This data provides insight into compensation levels and trends within a key high-tech sector of the Delaware economy.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Historical Context
Information industry wages and salaries are closely watched by economists, investors, and policymakers as an indicator of labor market conditions and economic performance.
Key Facts
- Delaware's information sector accounts for over 20,000 jobs.
- Average weekly wages in Delaware's information industry are 30% higher than the state average.
- Information industry wages have grown 5% faster than the overall state average over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Information Wages and Salaries in Delaware series tracks average weekly earnings for workers in the information industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into compensation levels and growth within a key high-tech sector of the Delaware economy, which is closely watched by economists, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Information industry wages and salaries are closely watched as an indicator of labor market conditions and economic performance, informing decisions by economists, investors, and policymakers.
Q: Are there update delays or limitations?
A: The data is released quarterly with a lag of several months, so there may be a delay in reflecting the most recent economic conditions.
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Citation
U.S. Federal Reserve, Information Wages and Salaries in Delaware (DEWINF), retrieved from FRED.