Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for France
LCEAMN01FRQ661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125.45
Year-over-Year Change
12.10%
Date Range
10/1/1955 - 1/1/2025
Summary
This economic trend measures average hourly earnings in the manufacturing sector of the French economy, providing insight into labor costs and productivity.
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 Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for France metric tracks changes in the average hourly wage paid to manufacturing workers. This data point is used by economists and policymakers to analyze labor market conditions and inflationary pressures.
Methodology
The data is collected through employer surveys by the French statistical agency.
Historical Context
Hourly earnings in manufacturing serve as an important indicator for French monetary and fiscal policies.
Key Facts
- Manufacturing accounts for about 10% of France's GDP.
- Hourly earnings in French manufacturing rose 2.3% in 2022.
- Wage growth has lagged productivity gains in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly wage paid to workers in the manufacturing sector of the French economy.
Q: Why is this trend relevant for users or analysts?
A: Hourly earnings in manufacturing are a key indicator of labor costs and productivity, which are important for assessing the health of the French economy and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the French statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor inflationary pressures and make informed decisions about monetary and fiscal policies in France.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical 2-3 month lag.
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Citation
U.S. Federal Reserve, Hourly Earnings: Earnings: Economic Activity: Manufacturing: Total Economy for France (LCEAMN01FRQ661N), retrieved from FRED.