Transportation and Warehousing Earnings in Indiana
INETRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,245,869.00
Year-over-Year Change
13.72%
Date Range
1/1/1998 - 1/1/2025
Summary
The Transportation and Warehousing Earnings in Indiana trend measures average weekly earnings in that industry sector within the state. It provides insight into labor costs and economic activity in this critical component of Indiana's economy.
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 data series tracks the average weekly earnings of production and nonsupervisory employees in the transportation and warehousing industry in Indiana. It is an important indicator of labor market conditions and overall economic health in this key industry.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Transportation and warehousing earnings are closely watched by policymakers and business analysts as a barometer of Indiana's economic performance.
Key Facts
- Indiana is a major logistics hub in the Midwest.
- Transportation and warehousing account for over 5% of Indiana's GDP.
- Earnings in this sector have grown by 15% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of production and nonsupervisory employees in the transportation and warehousing industry in the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into labor costs and economic activity in a critical component of Indiana's economy, helping to gauge the overall health of the state's transportation and logistics sector.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Transportation and warehousing earnings are closely watched by policymakers and business analysts as an important indicator of Indiana's economic performance and a barometer for the state's logistics industry.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Transportation and Warehousing Earnings in Indiana (INETRA), retrieved from FRED.