Wholesale Trade Earnings in Maryland
MDEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,398,883.00
Year-over-Year Change
16.36%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in Maryland trend measures average weekly earnings for workers in the wholesale trade industry in the state. This data provides insight into economic conditions and labor market dynamics in a key 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
The Wholesale Trade Earnings in Maryland statistic tracks the average weekly earnings of employees in the wholesale trade industry across the state. This metric is used by economists and policymakers to monitor wage growth, industry profitability, and overall economic health in the wholesale distribution sector.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade earnings data informs analyses of business investment, consumer demand, and the broader state economy.
Key Facts
- Maryland's wholesale trade industry employs over 120,000 workers.
- Average weekly earnings in Maryland's wholesale trade sector are around $1,200.
- Wholesale trade earnings account for 5% of total private-sector wages in the state.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in Maryland trend measures the average weekly earnings of employees in the wholesale trade industry across the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into wage growth, industry profitability, and overall economic health in the wholesale distribution sector, which is a key part of Maryland's economy.
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 informs analyses of business investment, consumer demand, and the broader state economy, which is relevant for policymakers and economic analysts.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Wholesale Trade Earnings in Maryland (MDEWHO), retrieved from FRED.