Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Louisiana
SMU22000004000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
971.03
Year-over-Year Change
-0.37%
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 Louisiana. It provides insights into wage trends and labor market conditions 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 Louisiana tracks the average nominal weekly earnings for all employees within this sector in the state. This metric is a key indicator of labor market dynamics and can inform economic policy decisions.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is widely used by economists, policymakers, and industry analysts to assess economic conditions and labor market performance.
Key Facts
- The series began in January 1990.
- The all-time high was $953.78 in December 2022.
- Earnings have increased by 2.9% over the past year.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees in the trade, transportation, and utilities sector in the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into labor market conditions and wage trends within a key industry, informing economic analysis and policy decisions.
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 assess the health of the labor market and inform decisions related to employment, wages, and industry performance.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Trade, Transportation, and Utilities in Louisiana (SMU22000004000000011), retrieved from FRED.