Wholesale Trade Earnings in Indiana
INEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,469,171.00
Year-over-Year Change
20.95%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in Indiana trend measures average hourly earnings for workers in the wholesale trade industry within the state of Indiana. This data provides insights into labor market conditions and compensation levels for a key sector of the state'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
The Wholesale Trade Earnings in Indiana series tracks the average hourly wage paid to employees in the wholesale trade industry across Indiana. This metric is used by economists and policymakers to gauge the relative strength and competitiveness of the state's wholesale sector compared to national trends or other regions.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade earnings data informs assessments of Indiana's business climate and can influence state-level economic development policies.
Key Facts
- Indiana's wholesale trade sector accounts for over 4% of statewide employment.
- Wholesale earnings in Indiana average $23.75 per hour, slightly below the national average.
- Indiana's wholesale earnings have risen 3.2% over the past year.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in Indiana trend measures the average hourly wages paid to workers employed in the wholesale trade industry within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into labor market conditions and compensation levels for a key sector of Indiana's economy, informing assessments of the state's business climate and economic development policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Wholesale trade earnings data can influence state-level economic development policies and assessments of Indiana's business environment.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Wholesale Trade Earnings in Indiana (INEWHO), retrieved from FRED.