Sales: Wholesale Trade: Total Wholesale Trade: Value for United States
Quarterly, Not Seasonally Adjusted
SLWHTO02USQ189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
513,474,333,333.33
Year-over-Year Change
13.03%
Date Range
1/1/1960 - 4/1/2018
Summary
This economic trend measures average hourly earnings for production and nonsupervisory employees on private nonfarm payrolls. It provides insights into wage growth and labor market conditions.
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 Quarterly, Not Seasonally Adjusted series tracks the average hourly earnings of production and nonsupervisory workers across various private industries. This data is a key indicator of economic performance and can inform policy decisions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey of U.S. businesses.
Historical Context
Policymakers and economists use this metric to assess labor market health and inflationary pressures.
Key Facts
- The series dates back to 1964.
- Wages rose 5.2% year-over-year as of the latest report.
- This metric helps track changes in purchasing power and consumer spending.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of production and nonsupervisory employees on private nonfarm payrolls.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into wage growth and labor market conditions, which are crucial for understanding economic performance and guiding policy decisions.
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: Policymakers and economists use this metric to assess labor market health and inflationary pressures, which informs their decision-making.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, with a lag of several weeks after the end of each quarter.
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Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (SLWHTO02USQ189N), retrieved from FRED.