12-Month Moving Average of Unweighted Median Hourly Wage Growth: Industry: Trade and Transportation
FRBATLWGT12MMUMHWGITT • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.60
Year-over-Year Change
-28.00%
Date Range
12/1/1997 - 7/1/2025
Summary
The 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Industry: Trade and Transportation tracks changes in typical hourly wages for workers in the trade and transportation sectors over time.
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 metric provides insight into wage dynamics and labor market conditions for a critical segment of the U.S. economy. It can help economists and policymakers assess employment costs and inflationary pressures.
Methodology
The data is calculated from the Federal Reserve Bank of Atlanta's Wage Growth Tracker survey.
Historical Context
Wage growth trends are closely monitored for their implications on consumer spending, inflation, and overall economic performance.
Key Facts
- The data is published monthly.
- Trade and transportation is a major employment sector.
- Wage growth is a key indicator of economic conditions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the 12-month moving average of the median hourly wage growth for workers in the trade and transportation industries.
Q: Why is this trend relevant for users or analysts?
A: Wage growth in the trade and transportation sectors provides insights into labor market conditions and inflationary pressures in the broader economy.
Q: How is this data collected or calculated?
A: The data is calculated from the Federal Reserve Bank of Atlanta's Wage Growth Tracker survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to assess employment costs, consumer spending, and overall economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with no significant update delays.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Industry: Trade and Transportation (FRBATLWGT12MMUMHWGITT), retrieved from FRED.