12-Month Moving Average of Unweighted Median Hourly Wage Growth: Industry: Finance and Business Services
FRBATLWGT12MMUMHWGIFBS • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.50
Year-over-Year Change
-11.76%
Date Range
12/1/1997 - 7/1/2025
Summary
Tracks median hourly wage growth in finance and business services over a 12-month period. Provides insights into compensation trends in critical economic sectors.
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 moving average smooths out monthly fluctuations to reveal underlying wage growth patterns. It helps economists understand labor market dynamics.
Methodology
Calculated by averaging monthly median hourly wage data for finance and business services industries.
Historical Context
Used by policymakers and investors to assess labor market health and economic trends.
Key Facts
- Reflects 12-month wage trends in finance sector
- Provides smoothed wage growth perspective
- Critical for understanding labor compensation
FAQs
Q: What does this wage growth metric indicate?
A: It shows median hourly wage changes in finance and business services over 12 months. Helps track labor market compensation trends.
Q: Why use a 12-month moving average?
A: Smooths out short-term fluctuations to reveal underlying wage growth patterns. Provides more stable economic insights.
Q: How is this data collected?
A: Compiled through systematic wage surveys and statistical sampling across finance and business service industries.
Q: What makes this metric important for investors?
A: Indicates economic health, labor market strength, and potential sector-specific compensation trends.
Q: How often is this data updated?
A: Typically updated monthly, with the 12-month moving average providing a rolling perspective on wage growth.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Industry: Finance and Business Services (FRBATLWGT12MMUMHWGIFBS), retrieved from FRED.