Average Weekly Earnings of All Employees: Other Services in District of Columbia
SMU11000008000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,277.38
Year-over-Year Change
1.74%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Earnings of All Employees: Other Services in District of Columbia measures the average weekly earnings for workers in the other services industry in the Washington D.C. metro area. This metric provides insights into labor market conditions and economic trends 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 other services industry, which includes establishments engaged in activities such as equipment and machinery repairing, promoting or administering religious activities, and providing personal care services. The data is used by economists and policymakers to analyze regional economic performance and cost of living trends.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts utilize this metric to inform decisions on fiscal, monetary, and workforce development policies in the Washington D.C. area.
Key Facts
- The average weekly earnings in other services in D.C. were $1,149 as of the latest data.
- This metric has increased by 3.2% over the past year.
- The other services industry accounts for over 7% of total employment in the D.C. metro area.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the average weekly earnings for all employees in the other services industry in the Washington D.C. metropolitan area.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into regional labor market conditions and cost of living trends, which are important for policymakers and economists analyzing the D.C. economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts utilize this metric to inform decisions on fiscal, monetary, and workforce development policies in the Washington D.C. area.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Other Services in District of Columbia (SMU11000008000000011), retrieved from FRED.