Average Weekly Earnings of Production Employees: Trade, Transportation, and Utilities in Hawaii
SMU15000004000000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,231.35
Year-over-Year Change
9.78%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the average weekly earnings of production employees in the trade, transportation, and utilities industries in Hawaii. It provides insights into the compensation levels and economic conditions in these key sectors.
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 Production Employees: Trade, Transportation, and Utilities in Hawaii is a key economic indicator that tracks the nominal wages of workers in these vital industries. It offers valuable information about labor market dynamics and the purchasing power of consumers in the state.
Methodology
The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, economists, and businesses to assess economic activity and guide decision-making.
Key Facts
- Hawaii's trade, transportation, and utilities industries employ over 200,000 workers.
- Nominal weekly earnings in these sectors have increased by 20% over the past decade.
- The trend is a leading indicator of consumer spending and economic conditions in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of production employees in the trade, transportation, and utilities industries in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into labor market conditions and the purchasing power of consumers in Hawaii's key economic sectors.
Q: How is this data collected or calculated?
A: The data is collected through monthly surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses closely monitor this trend to assess economic activity and guide decision-making in Hawaii.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of Production Employees: Trade, Transportation, and Utilities in Hawaii (SMU15000004000000030), retrieved from FRED.