Sales: Wholesale Trade: Total Wholesale Trade: Value for United States
Quarterly, Seasonally Adjusted
SLWHTO02USQ189S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
503,058,333,333.33
Year-over-Year Change
13.03%
Date Range
1/1/1960 - 4/1/2018
Summary
The Quarterly, Seasonally Adjusted series measures the total value of wages and salaries paid to employees in the United States. This economic indicator provides insights into the overall health of the labor market and consumer spending power.
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, Seasonally Adjusted series is a key economic indicator that tracks the total value of wages and salaries paid to employees in the U.S. economy. It reflects changes in employment levels, wage rates, and hours worked, and is used by economists and policymakers to assess labor market trends and consumer spending potential.
Methodology
The data is collected and calculated by the U.S. Federal Reserve based on surveys of businesses and households.
Historical Context
This trend is closely monitored by policymakers, financial analysts, and businesses to gauge the strength of the U.S. economy and consumer demand.
Key Facts
- The total value of wages and salaries in the U.S. was $11.3 trillion in Q4 2022.
- Wages and salaries account for over 50% of personal income in the U.S.
- The Quarterly, Seasonally Adjusted series has been published since 1947.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the total value of wages and salaries paid to employees in the United States economy.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into labor market conditions, consumer spending power, and the overall health of the U.S. economy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Federal Reserve based on surveys of businesses and households.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, financial analysts, and businesses to gauge the strength of the U.S. economy and consumer demand.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted series is published on a regular schedule with minimal delays, providing timely insights into the U.S. labor market.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (SLWHTO02USQ189S), retrieved from FRED.