Transportation and Warehousing Wages and Salaries in Delaware
DEWTRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,457,030.00
Year-over-Year Change
29.58%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Transportation and Warehousing Wages and Salaries in Delaware' series measures the total wages and salaries paid to workers in the transportation and warehousing industry in the state of Delaware. This metric is important for tracking economic activity and labor market conditions in a key 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
This data series provides insights into the compensation levels for workers employed in the transportation and logistics industry within Delaware. It can be used to assess trends in labor costs, productivity, and competitiveness for this important component of the state's economy.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to monitor economic conditions and inform decisions around infrastructure, workforce development, and business climate.
Key Facts
- Delaware has a major port and logistics hub.
- Wages in this sector have risen steadily over the past decade.
- Transportation and warehousing is a key employer in the state.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total wages and salaries paid to workers employed in the transportation and warehousing industry within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor costs and market conditions in a critical sector of Delaware's economy, which can inform business, policy, and investment decisions.
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: Policymakers and analysts use this data to monitor economic conditions and make informed decisions around infrastructure, workforce development, and the business climate in Delaware.
Q: Are there update delays or limitations?
A: There may be a lag of several months between the end of the reference period and the release of the data.
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Citation
U.S. Federal Reserve, Transportation and Warehousing Wages and Salaries in Delaware (DEWTRA), retrieved from FRED.