All Employees: Manufacturing: Non-Durable Goods: Food Manufacturing in Delaware
Seasonally Adjusted
SMU10000003231100001SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11.08
Year-over-Year Change
0.93%
Date Range
1/1/2003 - 7/1/2025
Summary
This seasonally adjusted economic indicator measures the hourly earnings of production and nonsupervisory employees in the total private sector. It provides insights into wage trends and can inform policy decisions related to employment and labor costs.
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 Seasonally Adjusted series adjusts for typical seasonal patterns in employment and wages, allowing analysts to better identify underlying economic trends. This data is a key input for understanding labor market dynamics and the macroeconomic health of the United States.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economists closely monitor this metric to gauge inflationary pressures and the strength of the labor market.
Key Facts
- Seasonally adjusted data accounts for typical seasonal employment patterns.
- This metric tracks wages for a broad segment of the private sector workforce.
- Monitoring this trend helps inform monetary and fiscal policy decisions.
FAQs
Q: What does this economic trend measure?
A: This seasonally adjusted series measures the average hourly earnings of production and nonsupervisory employees across the total private sector in the United States.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into wage growth and labor market conditions, which are crucial inputs for economic policymaking and market analysis.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to assess inflationary pressures and the overall health of the labor market, which informs decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of several weeks, and may be subject to revisions as more complete information becomes available.
Related Trends
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Monthly State Retail Sales: Food and Beverage Stores in Delaware
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Average Weekly Earnings of Production Employees: Manufacturing in Delaware
SMU10000003000000030
Gross Domestic Product: Apparel, Leather, and Allied Product Manufacturing (315-316) in Delaware
DEAPPLEATHMANNGSP
Number of Identified Exporters to Japan from Delaware
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Number of State Member Commercial Banks in Delaware
X08CBMBSDE
Citation
U.S. Federal Reserve, Seasonally Adjusted (SMU10000003231100001SA), retrieved from FRED.