M2 for France
Not Seasonally Adjusted
MYAGM2FRM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,780,608,169,500.00
Year-over-Year Change
4.31%
Date Range
12/1/1977 - 12/1/1998
Summary
The 'Not Seasonally Adjusted' series measures the average hourly earnings of production and nonsupervisory employees in the manufacturing sector. This metric provides insight into wage trends and inflationary pressures.
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 'Not Seasonally Adjusted' series tracks manufacturing sector hourly earnings without accounting for seasonal variations. This helps economists and policymakers understand underlying wage dynamics and their impact on the broader economy.
Methodology
Data is collected through the Current Employment Statistics (CES) survey of U.S. businesses.
Historical Context
Trends in manufacturing wages are closely monitored for their implications on consumer spending, production costs, and monetary policy decisions.
Key Facts
- Manufacturing accounts for about 12% of U.S. GDP.
- Wage growth is a key indicator of labor market tightness.
- Manufacturers employ over 12 million U.S. workers.
FAQs
Q: What does this economic trend measure?
A: The 'Not Seasonally Adjusted' series tracks the average hourly earnings of production and nonsupervisory employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Trends in manufacturing wages provide insights into labor market conditions, inflationary pressures, and the broader health of the economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey of U.S. businesses.
Q: How is this trend used in economic policy?
A: Manufacturing wage data is closely monitored by economists and policymakers for its implications on consumer spending, production costs, and monetary policy decisions.
Q: Are there update delays or limitations?
A: The 'Not Seasonally Adjusted' series is published monthly with a typical release lag of around one month.
Related Trends
National Accounts: GDP by Expenditure: Constant Prices: Gross Domestic Product: Total for France
FRAGDPRQPSMEI
Composite Leading Indicators: Composite Consumer Confidence Amplitude Adjusted for France
CSCICP03FRM665S
Infra-Annual Registered Unemployment and Job Vacancies: Total Economy: New Vacancies for France
LMJVTTNVFRQ647N
M2 for France
MYAGM2FRM189S
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for France
CRDQFRANABIS
Currency Conversions: US Dollar Exchange Rate: Spot, End of Period: USD: National Currency for France
CCUSSP01FRM650N
Citation
U.S. Federal Reserve, Not Seasonally Adjusted (MYAGM2FRM189N), retrieved from FRED.