Production or Nonsupervisory Employees: Financial Activities in Hawaii
Monthly, Seasonally Adjusted
SMU15000005500000006SA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20.48
Year-over-Year Change
-0.90%
Date Range
1/1/2001 - 7/1/2025
Summary
The 'Monthly, Seasonally Adjusted' economic trend measures average hourly earnings for all employees in the Mining and Logging sector. This key indicator provides insight into wage growth and labor costs in a critical 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
This data series tracks the average hourly earnings for all employees in the Mining and Logging sector on a monthly, seasonally adjusted basis. It is an important metric for understanding trends in labor costs and compensation within this economically significant industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policy analysts and market participants closely monitor this trend to gauge inflationary pressures and labor market dynamics in the Mining and Logging sector.
Key Facts
- Mining and Logging is a critical sector for the U.S. economy.
- Wage growth in this industry can signal broader inflationary trends.
- Seasonally adjusted data helps identify underlying earnings patterns.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings for all employees in the Mining and Logging sector on a monthly, seasonally adjusted basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into labor costs and wage growth within a key industry, which can signal broader economic and inflationary pressures.
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 market analysts closely monitor this trend to gauge labor market dynamics and inflationary pressures in the Mining and Logging sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a typical one-month lag.
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Citation
U.S. Federal Reserve, Monthly, Seasonally Adjusted (SMU15000005500000006SA), retrieved from FRED.