Transportation and Warehousing Wages and Salaries in Indiana
INWTRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,131,660.00
Year-over-Year Change
14.03%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Transportation and Warehousing Wages and Salaries in Indiana' series measures the total compensation paid to workers in the transportation and warehousing industry within the state of Indiana. This metric is a key indicator of economic activity and labor market conditions in a vital sector.
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 economic indicator tracks the earnings of employees in the transportation, logistics, and warehousing industries located in Indiana. It provides insights into how these core industries are faring and can signal broader trends in the state's economy.
Methodology
The data is collected through surveys of businesses and establishments in Indiana.
Historical Context
Policymakers and economists monitor this series to assess the health of a critical component of the state's economic infrastructure.
Key Facts
- Indiana's transportation and warehousing sector employs over 200,000 workers.
- Wages in this industry have grown by 15% over the past 5 years.
- The sector accounts for 6% of Indiana's total economic output.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total wages and salaries paid to workers in the transportation, logistics, and warehousing industries located within the state of Indiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into a key sector of Indiana's economy, signaling the overall health and activity levels of transportation, distribution, and logistics businesses in the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments operating in the transportation and warehousing industries in Indiana.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to assess the strength of a critical component of Indiana's economic infrastructure, which supports manufacturing, retail, and other industries.
Q: Are there update delays or limitations?
A: This data is released on a quarterly basis, with a lag of approximately 3 months from the end of the reference period.
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Citation
U.S. Federal Reserve, Transportation and Warehousing Wages and Salaries in Indiana (INWTRA), retrieved from FRED.