Average Weekly Earnings of All Employees: Manufacturing in Delaware
SMU10000003000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,249.97
Year-over-Year Change
10.07%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Earnings of All Employees: Manufacturing in Delaware measures the average weekly earnings of manufacturing workers in the state. This indicator provides insight into economic conditions and labor productivity in Delaware's manufacturing 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
This series tracks the average weekly earnings of all employees, including production and nonsupervisory workers, in the manufacturing industry in Delaware. It is a key economic indicator used to analyze trends in worker compensation, labor costs, and the overall health of the state's manufacturing economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey administered by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the competitiveness and productivity of Delaware's manufacturing industry and its broader economic performance.
Key Facts
- Delaware's manufacturing sector accounts for over 10% of the state's GDP.
- The average weekly earnings in Delaware manufacturing have increased by 25% over the past decade.
- Manufacturing is the third-largest private sector employer in Delaware, providing jobs for over 50,000 workers.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees, including production and nonsupervisory workers, in the manufacturing industry in the state of Delaware.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into economic conditions and labor productivity in Delaware's manufacturing sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey administered by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the competitiveness and productivity of Delaware's manufacturing industry and its broader economic performance.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Manufacturing in Delaware (SMU10000003000000011), retrieved from FRED.