Average Weekly Earnings of All Employees: Mining, Logging, and Construction in Delaware
SMU10000001500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,440.27
Year-over-Year Change
1.83%
Date Range
1/1/2007 - 7/1/2025
Summary
This data series tracks the average weekly earnings of all employees in the mining, logging, and construction industries in Delaware. It provides insights into wage trends and labor market conditions in this important economic 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 average weekly earnings of all employees in the mining, logging, and construction industries in Delaware is a key economic indicator that reflects the compensation levels and purchasing power of workers in these industries. It is closely monitored by economists, policymakers, and businesses to assess employment conditions and inflationary pressures.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is used to inform economic policy decisions and business planning in the state of Delaware.
Key Facts
- Delaware's mining, logging, and construction industries employ over 20,000 workers.
- Average weekly earnings in this sector have risen by 3.2% over the past year.
- Construction activity in Delaware has increased by 7% in the last quarter.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the average weekly earnings of all employees in the mining, logging, and construction industries in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into wage levels and labor market conditions in key industries that drive Delaware's economy, making it important for economic analysis and policymaking.
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 trend is used by policymakers and economists to assess employment conditions, inflationary pressures, and the overall health of Delaware's economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Mining, Logging, and Construction in Delaware (SMU10000001500000011), retrieved from FRED.