Average Weekly Earnings of All Employees: Goods Producing in Delaware
SMU10000000600000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,343.16
Year-over-Year Change
5.96%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Earnings of All Employees: Goods Producing in Delaware metric tracks the average weekly earnings for workers in the goods-producing sector in the state of Delaware. This key economic indicator provides insights into labor market conditions 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
This series measures the average weekly earnings for all employees in the goods-producing industries, which include manufacturing, construction, and mining, in the state of Delaware. It is a valuable indicator of economic activity and worker purchasing power in the state.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor this trend to assess the strength of the Delaware economy and make informed decisions.
Key Facts
- Delaware's goods-producing sector includes manufacturing, construction, and mining.
- This metric provides insights into worker purchasing power and consumer spending in the state.
- The data is collected through monthly surveys of businesses by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average weekly earnings for all employees in the goods-producing industries, including manufacturing, construction, and mining, in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into labor market conditions and consumer spending power in Delaware, which is useful for economists and policymakers assessing the state's economic performance.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this trend to evaluate the strength of the Delaware economy and make informed decisions about economic policy and interventions.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and methodological limitations of the U.S. Bureau of Labor Statistics surveys.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Goods Producing in Delaware (SMU10000000600000011), retrieved from FRED.