Transportation and Warehousing Earnings in Montana
MTETRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,814,738.00
Year-over-Year Change
16.18%
Date Range
1/1/1998 - 1/1/2025
Summary
The Transportation and Warehousing Earnings in Montana metric tracks average weekly earnings in the transportation and warehousing sector for the state. This statistic is a key indicator of economic activity and labor market conditions in this important industry.
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
This series measures the average weekly earnings of employees in the transportation and warehousing sector in the state of Montana. It provides insight into compensation levels and industry trends, which can inform economic analysis and policy decisions.
Methodology
The data is collected through surveys of businesses and establishments in Montana.
Historical Context
Transportation and warehousing earnings are monitored by policymakers, economists, and industry analysts to assess the overall health of the state's economy.
Key Facts
- Montana's transportation and warehousing sector accounts for over 5% of the state's total employment.
- Average weekly earnings in this industry have risen by 12% in the past 5 years.
- The transportation and warehousing sector is a major contributor to Montana's GDP.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average weekly earnings of employees in Montana's transportation and warehousing sector.
Q: Why is this trend relevant for users or analysts?
A: Transportation and warehousing earnings provide insight into compensation levels and economic activity in a key industry, which is valuable for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Montana.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts monitor transportation and warehousing earnings to assess the overall health of Montana's economy.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule with minimal delay, providing timely information for analysis.
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Citation
U.S. Federal Reserve, Transportation and Warehousing Earnings in Montana (MTETRA), retrieved from FRED.