Transportation and Warehousing Earnings in Pennsylvania
PAETRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,671,600.00
Year-over-Year Change
16.58%
Date Range
1/1/1998 - 1/1/2025
Summary
The Transportation and Warehousing Earnings in Pennsylvania metric tracks average weekly earnings in the transportation and warehousing industry within the state. This data provides insight into the economic health and labor trends of a critical sector.
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 workers in the transportation and warehousing industry in Pennsylvania. It is a key indicator of economic activity and labor market conditions in a major component of the state's economy.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Transportation and warehousing earnings data is widely used by policymakers, economists, and businesses to monitor economic performance and inform decision-making.
Key Facts
- Pennsylvania is a major transportation and logistics hub.
- Earnings in this sector have grown steadily over the past decade.
- Warehousing and distribution are important parts of Pennsylvania's economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average weekly earnings of workers in the transportation and warehousing industry within the state of Pennsylvania.
Q: Why is this trend relevant for users or analysts?
A: Transportation and warehousing earnings data provides valuable insights into the economic health and labor market conditions of a critical sector in Pennsylvania's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This data is widely used by policymakers, economists, and businesses to monitor economic performance and inform decision-making.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical 1-2 month publication lag.
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Citation
U.S. Federal Reserve, Transportation and Warehousing Earnings in Pennsylvania (PAETRA), retrieved from FRED.