Average Weekly Earnings of Production Employees: Wholesale Trade in Hawaii
SMU15000004100000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,100.97
Year-over-Year Change
0.71%
Date Range
1/1/2001 - 6/1/2025
Summary
The Average Weekly Earnings of Production Employees: Wholesale Trade in Hawaii measures the average weekly earnings of workers in the wholesale trade industry in Hawaii. This economic indicator provides insights into wage trends and productivity in the local wholesale sector.
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 series tracks the average weekly earnings of production employees in the wholesale trade industry in the state of Hawaii. It is a key measure of labor costs and productivity in this important economic sector, which has implications for business investment, consumer prices, and the overall health of the state's economy.
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 economists use this trend to monitor the strength of the wholesale trade industry and its impact on the broader Hawaii economy.
Key Facts
- Hawaii's wholesale trade sector employs over 25,000 workers.
- Average weekly earnings in this industry are about $1,200.
- Wholesale trade accounts for 5% of Hawaii's total GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of production employees in the wholesale trade industry in Hawaii. It provides insights into wage levels and labor productivity in this key economic sector.
Q: Why is this trend relevant for users or analysts?
A: Tracking average weekly earnings in Hawaii's wholesale trade industry is important for understanding labor costs, business investment, and the overall health of the state's 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 economists use this trend to monitor the wholesale trade sector and its impact on the broader Hawaii economy, informing decisions on taxation, regulation, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical release lag of 1-2 months. There may be revisions to previously reported figures as new information becomes available.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of Production Employees: Wholesale Trade in Hawaii (SMU15000004100000030), retrieved from FRED.