Information Earnings in Montana
MTEINF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
788,822.00
Year-over-Year Change
15.75%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Information Earnings in Montana' trend measures the average weekly earnings in the information industry sector within the state of Montana. This metric is important for economists and policymakers to assess the economic health and competitiveness of Montana's information-related businesses.
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 information industry includes businesses focused on publishing, telecommunications, data processing, and other information-based services. This earnings trend provides insight into compensation levels and trends for workers in these key knowledge-based economic activities within Montana.
Methodology
The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers use this information to inform decisions around economic development, workforce training, and business attraction strategies.
Key Facts
- Montana's information sector employs over 10,000 workers.
- Average weekly earnings in this industry are $1,200.
- Earnings have grown 4% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'Information Earnings in Montana' trend measures the average weekly earnings for workers in Montana's information industry sector, which includes businesses focused on publishing, telecommunications, data processing, and other information-based services.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into compensation levels and trends for workers in key knowledge-based economic activities within Montana, which is useful for economists, policymakers, and businesses analyzing the state's economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers use this information to inform decisions around economic development, workforce training, and business attraction strategies in Montana's information industry sector.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Information Earnings in Montana (MTEINF), retrieved from FRED.