Wholesale Trade Wages and Salaries in Delaware
DEWWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,324,070.00
Year-over-Year Change
10.92%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Wages and Salaries in Delaware series measures the average hourly and weekly earnings of employees in the wholesale trade industry within the state of 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
This economic indicator provides insights into the labor market and compensation trends in Delaware's wholesale trade sector, which is an important component of the state's economy.
Methodology
The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists use this data to analyze workforce dynamics and cost of living in Delaware.
Key Facts
- Wholesale trade accounts for over 6% of Delaware's GDP.
- Average weekly earnings in Delaware's wholesale trade sector are higher than the national average.
- The wholesale trade industry employs over 20,000 workers in Delaware.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Wages and Salaries in Delaware series measures the average hourly and weekly earnings of employees in the wholesale trade industry within the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the labor market and compensation trends in Delaware's wholesale trade sector, which is an important component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze workforce dynamics and cost of living in Delaware.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and potential revisions of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Wholesale Trade Wages and Salaries in Delaware (DEWWHO), retrieved from FRED.