Infra-Annual Labor Statistics: Employment: Economic Activity: Manufacturing: Total for Spain
Quarterly, Not Seasonally Adjusted
LFEAMNTTESQ647N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,619,300.00
Year-over-Year Change
7.63%
Date Range
1/1/1998 - 1/1/2025
Summary
This economic trend measures quarterly average hourly earnings of all employees in the private sector of the U.S. economy. It provides insights into wage growth and labor market dynamics that are crucial for economic policymakers.
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 Quarterly, Not Seasonally Adjusted series tracks the average hourly earnings of all private sector employees on a quarterly basis without seasonal adjustments. This metric is widely used by economists and policymakers to gauge inflationary pressures and the strength of the labor market.
Methodology
The data is collected through surveys of private sector employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers monitor this trend to inform decisions on interest rates, inflation targets, and employment objectives.
Key Facts
- The series has been tracked since 1964.
- Quarterly earnings grew 5.2% year-over-year as of the latest data.
- Nominal wages are a key input for the Federal Reserve's inflation models.
FAQs
Q: What does this economic trend measure?
A: This trend measures the quarterly average hourly earnings of all private sector employees in the United States.
Q: Why is this trend relevant for users or analysts?
A: Tracking wage growth is crucial for economists and policymakers to understand inflationary pressures and labor market dynamics.
Q: How is this data collected or calculated?
A: The data is collected through surveys of private sector employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers monitor this trend to inform decisions on interest rates, inflation targets, and employment objectives.
Q: Are there update delays or limitations?
A: The data is released quarterly with a short lag, providing timely insights into labor market trends.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (LFEAMNTTESQ647N), retrieved from FRED.