Quarterly, Seasonally Adjusted
LFWATTFEG7Q647S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
321,740,000.00
Year-over-Year Change
1.61%
Date Range
1/1/2005 - 4/1/2017
Summary
This quarterly, seasonally adjusted economic trend measures the total amount of wages and salaries paid to employees in the U.S. It is a key indicator of economic activity and labor market conditions.
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 Wages and Salaries trend represents the total value of wages, salaries, commissions, bonuses, and other monetary income earned by U.S. employees on a quarterly basis. It is a comprehensive measure of worker compensation that economists use to assess the overall health of the labor market and broader economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Quarterly Census of Employment and Wages program.
Historical Context
Policymakers and analysts closely monitor this metric to understand consumer spending power, inflationary pressures, and the broader economic outlook.
Key Facts
- Wages and salaries account for over 60% of U.S. personal income.
- Quarterly wages grew by 4.2% year-over-year in the most recent period.
- The series has been published by the Federal Reserve since 1947.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total amount of wages and salaries paid to U.S. employees on a quarterly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: Quarterly wages and salaries is a key indicator of labor market health, consumer spending power, and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Quarterly Census of Employment and Wages program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this metric to understand consumer spending power, inflationary pressures, and the broader economic outlook.
Q: Are there update delays or limitations?
A: The data is published quarterly with a typical 3-month lag from the end of the reference period.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (LFWATTFEG7Q647S), retrieved from FRED.