Earnings by Place of Work in Nebraska

NEEPLA • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

103,624,823.00

Year-over-Year Change

13.61%

Date Range

1/1/1998 - 1/1/2025

Summary

The 'Earnings by Place of Work in Nebraska' series measures the total earnings of workers in Nebraska, providing insight into the state's economic performance and job market.

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 data series tracks the aggregate earnings from employment in Nebraska, including wages, salaries, and other forms of compensation. It is a key indicator of economic activity and consumer spending power in the state.

Methodology

The data is collected and calculated by the U.S. Bureau of Economic Analysis.

Historical Context

Policymakers and analysts use this metric to assess the overall health of Nebraska's economy and make informed decisions.

Key Facts

  • Nebraska's total earnings reached a record high in 2021.
  • The service sector accounts for the largest share of earnings in the state.
  • Earnings growth in Nebraska has outpaced the national average in recent years.

FAQs

Q: What does this economic trend measure?

A: The 'Earnings by Place of Work in Nebraska' series measures the total earnings of workers in the state, including wages, salaries, and other forms of compensation.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the overall economic performance and job market in Nebraska, which is valuable for policymakers, businesses, and consumers.

Q: How is this data collected or calculated?

A: The data is collected and calculated by the U.S. Bureau of Economic Analysis.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess the health of Nebraska's economy and make informed decisions regarding economic development, taxation, and other policies.

Q: Are there update delays or limitations?

A: The data is typically updated on a quarterly basis, with some potential for minor delays in availability.

Related Trends

Citation

U.S. Federal Reserve, Earnings by Place of Work in Nebraska (NEEPLA), retrieved from FRED.