New Houses Sold by Sales Price Between $1,000,000 and Over in the Midwest Census Region
Percent, Quarterly
NHSMWSP100OQP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/2020 - 4/1/2025
Summary
The Percent, Quarterly economic trend measures the quarterly percent change in the nominal hourly earnings of production and nonsupervisory employees in the nonfarm business sector. This metric is a key indicator of labor market conditions and wage inflation.
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 Percent, Quarterly series tracks the quarterly percent change in nominal hourly earnings, providing insights into changes in worker compensation over time. This trend is closely monitored by economists and policymakers to assess labor market dynamics and inflationary pressures.
Methodology
The data is collected through surveys of U.S. businesses and calculated as the percent change from the previous quarter.
Historical Context
Analysts use this metric to evaluate labor market health and guide policy decisions related to employment, wages, and inflation.
Key Facts
- The series has been tracked since 1964.
- Percent, Quarterly reached a high of 1.4% in Q4 2021.
- Wages have been a key focus of the Federal Reserve's policy decisions.
FAQs
Q: What does this economic trend measure?
A: The Percent, Quarterly trend measures the quarterly percent change in the nominal hourly earnings of production and nonsupervisory employees in the nonfarm business sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into changes in worker compensation over time, which is a key indicator of labor market conditions and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and calculated as the percent change from the previous quarter.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to evaluate labor market health and guide policy decisions related to employment, wages, and inflation.
Q: Are there update delays or limitations?
A: The Percent, Quarterly data is released on a regular schedule by the U.S. Federal Reserve, with no known update delays or significant limitations.
Related Trends
Expenditures: Laundry and Cleaning Supplies by Region: Residence in the Midwest Census Region
CXULAUNDRYLB1103M
New Privately Owned Housing Starts Median Square Feet of Floor Area for One-Family Units in the Midwest Census Region
HOUSTSFLAM1FMWQ
Spliced Business Formations Within Four Quarters: Total for All NAICS in Midwest Census Region
BFSBF4QTOTALSAMW
New Privately Owned Housing Starts by Design Type, Detached One-Family Units in the Midwest Census Region
HOUSTDTD1FMWQ
Expenditures: Apparel, Children Under 2 by Region: Residence in the Midwest Census Region
CXUINFANTLB1103M
Civilian Labor Force in Midwest Census Region
LAURD920000000000006A
Citation
U.S. Federal Reserve, Percent, Quarterly (NHSMWSP100OQP), retrieved from FRED.