All Employees: Manufacturing: Durable Goods in Delaware
Monthly, Seasonally Adjusted
SMU10000003100000001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.96
Year-over-Year Change
-3.67%
Date Range
1/1/1990 - 7/1/2025
Summary
The 'Monthly, Seasonally Adjusted' economic trend measures the average hourly earnings of production and nonsupervisory employees in the private sector, a key indicator of wage growth and inflationary pressures.
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 represents the average hourly earnings of workers in the U.S. private sector, excluding managers and supervisors. It is a widely-followed measure of wage inflation and a critical input for policymakers assessing the health of the labor market and overall economy.
Methodology
The data is collected through monthly surveys of private sector employers by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers at the Federal Reserve and other institutions closely monitor this trend to help guide decisions on interest rates and other macroeconomic policies.
Key Facts
- Wages make up a large portion of overall business costs.
- This metric helps assess the strength of consumer demand.
- Rapid wage growth can contribute to broader inflationary pressures.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average hourly earnings of production and nonsupervisory employees in the private sector, providing insight into broader wage growth trends.
Q: Why is this trend relevant for users or analysts?
A: Wage growth is a critical indicator of labor market health and a key input for policymakers assessing economic conditions and inflationary pressures.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of private sector employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other policymakers closely monitor this metric to help guide decisions on interest rates and other macroeconomic policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical delay of several weeks from the reference period.
Related Trends
Housing Inventory: Median Home Size in Square Feet in Delaware
MEDSQUFEEDE
People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Delaware
GCT1503DE
Average Weekly Hours of All Employees: Mining, Logging, and Construction in Delaware
SMU10000001500000002
Coefficient for Industrial Carbon Dioxide Emissions, Industrial Other for Delaware
EMISSCO2CCLICBDEA
Number of Identified Exporters to Austria from Delaware
DEAUTA475SCEN
Chain-Type Quantity Index for Real GDP: Computer and Electronic Product Manufacturing (334) in Delaware
DECPUELCPMANQGSP
Citation
U.S. Federal Reserve, Average Hourly Earnings of Production and Nonsupervisory Employees, Seasonally Adjusted (SMU10000003100000001SA), retrieved from FRED.