12-Month Moving Average of Unweighted Median Hourly Wage Growth for the Mountain Census Division
FRBATLWGT12MMUMHWGMCD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.70
Year-over-Year Change
-20.34%
Date Range
12/1/1997 - 7/1/2025
Summary
This trend measures the 12-month moving average of unweighted median hourly wage growth for the Mountain Census Division, providing insights into regional wage dynamics.
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
The 12-Month Moving Average of Unweighted Median Hourly Wage Growth for the Mountain Census Division is an economic indicator that tracks changes in median hourly wages across this geographic region over time. It is used by economists and policymakers to assess labor market conditions and inflationary pressures.
Methodology
The data is collected through surveys of employers and calculated as a 12-month moving average.
Historical Context
This trend is relevant for understanding regional labor market trends and informing monetary and fiscal policy decisions.
Key Facts
- The Mountain Census Division includes Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming.
- Median hourly wages are a key indicator of labor market conditions and purchasing power.
- Unweighted data provides an equal view across all workers, rather than weighting by employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 12-month moving average of unweighted median hourly wage growth for the Mountain Census Division, providing insights into regional wage dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding regional labor market trends and informing monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers and calculated as a 12-month moving average.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to assess labor market conditions and inflationary pressures.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and limitations of government economic statistics.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth for the Mountain Census Division (FRBATLWGT12MMUMHWGMCD), retrieved from FRED.