Wholesale Trade Earnings in South Carolina
SCEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,938,286.00
Year-over-Year Change
19.74%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in South Carolina measure the average weekly earnings for workers in the wholesale trade industry within the state. This metric is important for analyzing economic conditions and trends in the wholesale 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
The Wholesale Trade Earnings in South Carolina represent the average weekly pay for employees in the wholesale distribution and logistics industries across the state. This data provides insight into the financial health and compensation levels within a key component of South Carolina's economy.
Methodology
The data is collected through surveys of businesses and establishments in the wholesale trade sector.
Historical Context
Wholesale earnings trends are monitored by policymakers, analysts, and businesses to assess the broader economic landscape.
Key Facts
- South Carolina's wholesale sector employs over 100,000 people.
- Wholesale earnings have increased by 15% over the past 5 years.
- The wholesale industry accounts for 6% of South Carolina's GDP.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in South Carolina measure the average weekly earnings for workers employed in the wholesale trade industry within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and compensation levels in a key component of South Carolina's economy, helping to assess broader economic conditions and trends.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in the wholesale trade sector.
Q: How is this trend used in economic policy?
A: Wholesale earnings trends are monitored by policymakers, analysts, and businesses to assess the broader economic landscape and inform decision-making.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month delay from the reference period.
Related Trends
Personal Consumption Expenditures: Services: Final Consumption Expenditures of Nonprofit Institutions Serving Households: Gross Output of Nonprofit Institutions for South Carolina
SCPCEGONPI
State Unemployment Benefits in South Carolina
SCOBEN
Real Gross Domestic Product: Finance and Insurance (52) in South Carolina
SCFININSRQGSP
Chain-Type Quantity Index for Real GDP: Finance, Insurance, Real Estate, Rental, and Leasing (52, 53) in South Carolina
SCFININSREALQGSP
Transportation and Warehousing Wages and Salaries in South Carolina
SCWTRA
All Employees: Food Services and Drinking Places in South Carolina
SMU45000007072200001A
Citation
U.S. Federal Reserve, Wholesale Trade Earnings in South Carolina (SCEWHO), retrieved from FRED.