Average Weekly Earnings of All Employees: Financial Activities in Montana
SMU30000005500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,346.08
Year-over-Year Change
6.71%
Date Range
1/1/2007 - 6/1/2025
Summary
The Average Weekly Earnings of All Employees: Financial Activities in Montana trend measures the average weekly earnings for workers in the financial activities sector in Montana. This metric provides insight into the economic health and wages within Montana's financial 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 series tracks the average weekly earnings for all employees in the financial activities sector in Montana. It is a key indicator of wage growth and purchasing power for workers in Montana's finance, insurance, and real estate industries.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers use this trend to assess the strength of Montana's financial sector and make informed decisions about economic policy.
Key Facts
- Montana's financial activities sector employs over 30,000 workers.
- Average weekly earnings in this sector are approximately 25% higher than the state's overall average.
- The financial activities industry accounts for 5% of Montana's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings for all employees in the financial activities sector in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic health and wage growth within Montana's finance, insurance, and real estate industries, which are important for understanding the state's overall economic performance.
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: Analysts and policymakers use this trend to assess the strength of Montana's financial sector and make informed decisions about economic policies that may impact the industry.
Q: Are there update delays or limitations?
A: The data is published 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: Financial Activities in Montana (SMU30000005500000011), retrieved from FRED.