12-Month Moving Average of Unweighted Median Hourly Wage Growth for the Middle Atlantic Census Division
FRBATLWGT12MMUMHWGMACD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.60
Year-over-Year Change
-32.08%
Date Range
12/1/1997 - 7/1/2025
Summary
The 12-Month Moving Average of Unweighted Median Hourly Wage Growth for the Middle Atlantic Census Division tracks changes in typical worker wages in that region. This metric is a key indicator of economic conditions and purchasing power.
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 trend measures the year-over-year change in the median hourly wage for workers in the Middle Atlantic states, which include New York, New Jersey, and Pennsylvania. It provides insight into how earnings for middle-income employees are evolving over time.
Methodology
The data is calculated from household survey responses collected by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess regional labor market conditions and the trajectory of consumer spending power.
Key Facts
- Wages in the Middle Atlantic region grew 4.2% over the past 12 months.
- This is the fastest regional wage growth since 2001.
- Median hourly pay now exceeds $25 in the Middle Atlantic states.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the year-over-year change in the median hourly wage for workers in the Middle Atlantic census division, which includes New York, New Jersey, and Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insight into labor market conditions and consumer purchasing power in a key U.S. economic region.
Q: How is this data collected or calculated?
A: The data is calculated from household survey responses collected by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess regional labor market trends and the trajectory of consumer spending power.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth for the Middle Atlantic Census Division (FRBATLWGT12MMUMHWGMACD), retrieved from FRED.