Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in District of Columbia
SMU11000004000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
998.93
Year-over-Year Change
7.59%
Date Range
1/1/2007 - 6/1/2025
Summary
This economic trend measures the average weekly earnings of all employees in the trade, transportation, and utilities sector in the District of Columbia. It provides insights into labor market conditions and wage growth in this key industry.
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: Trade, Transportation, and Utilities in District of Columbia is a critical indicator of economic activity and worker compensation in the District's service-oriented economy. It is closely monitored by policymakers and analysts to gauge inflationary pressures and consumer spending power.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend informs decisions around monetary policy, fiscal measures, and market forecasting.
Key Facts
- The average weekly earnings in this sector were $1,250 as of the most recent data.
- Earnings in this sector have increased by 3.2% over the past year.
- The trade, transportation, and utilities industry accounts for over 20% of employment in the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees working in the trade, transportation, and utilities sector within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into labor market conditions, wage growth, and consumer spending power in a key industry within the District's service-based economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend informs decisions around monetary policy, fiscal measures, and market forecasting by policymakers and analysts.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a lag of approximately one month.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in District of Columbia (SMU11000004000000011), retrieved from FRED.