Average Weekly Earnings of All Employees: Goods Producing in District of Columbia
SMU11000000600000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,835.24
Year-over-Year Change
1.31%
Date Range
1/1/2007 - 6/1/2025
Summary
The 'Average Weekly Earnings of All Employees: Goods Producing in District of Columbia' measures the average weekly earnings of workers in the goods-producing sector in Washington, D.C. This metric provides insight into wage trends and cost of living in the region.
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 economic indicator tracks the average weekly earnings for all employees in the goods-producing industries located in the District of Columbia. It is a key metric used by economists and policymakers to understand regional labor market conditions and cost pressures.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is frequently referenced by regional analysts and policymakers to assess economic performance and inform decision-making.
Key Facts
- The District of Columbia is a major center of goods-producing industries in the United States.
- Average weekly earnings in the goods-producing sector tend to be higher than the overall private sector average.
- Wage trends in the District of Columbia can indicate broader cost-of-living and economic pressures in the region.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the average weekly earnings of workers employed in the goods-producing industries located in the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into regional labor market conditions, cost of living, and economic performance in the District of Columbia.
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 regional analysts frequently reference this metric to assess economic conditions and inform decision-making.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of several weeks.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Goods Producing in District of Columbia (SMU11000000600000011), retrieved from FRED.