Average Weekly Earnings of Production Employees: Manufacturing: Non-Durable Goods in Nebraska
SMU31000003200000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,069.76
Year-over-Year Change
7.54%
Date Range
1/1/2001 - 6/1/2025
Summary
This economic trend measures the average weekly earnings of production employees in the non-durable goods manufacturing sector within the state of Nebraska. It provides insights into labor costs and economic conditions in this important 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 Production Employees: Manufacturing: Non-Durable Goods in Nebraska is a key economic indicator that tracks the average weekly earnings of workers engaged in the production of non-durable goods, such as food, apparel, and paper products, within Nebraska's manufacturing sector. This data point is widely used by economists and policymakers to assess labor market trends and the overall health of the state's economy.
Methodology
The data is collected through surveys of establishments conducted by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by policymakers, investors, and industry analysts to understand the dynamics of Nebraska's manufacturing sector and its impact on the broader state economy.
Key Facts
- Nebraska's non-durable goods manufacturing sector employs over 50,000 workers.
- Earnings in this sector have increased by 3.2% over the past year.
- The non-durable goods industry accounts for 25% of Nebraska's total manufacturing output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of production employees in the non-durable goods manufacturing sector within the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into labor costs and economic conditions in Nebraska's important non-durable goods manufacturing industry, which is closely monitored by policymakers, investors, and industry analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, economists, and industry analysts to understand the dynamics of Nebraska's manufacturing sector and its impact on the broader state economy.
Q: Are there update delays or limitations?
A: The data is released monthly with a typical lag of one to two months.
Similar SMU Trends
All Employees: Professional and Business Services: Professional, Scientific, and Technical Services in Nebraska
SMU31000006054000001
Poverty Universe, Age 5-17 related for Nebraska
PUA5T17RNE31000A647NCEN
Residential Carbon Dioxide Emissions, All Fuels for Nebraska
EMISSCO2TOTVRCTONEA
All Employees: Information in Nebraska
NEINFO
Per Capita Personal Consumption Expenditures: Nondurable Goods: Other Nondurable Goods for Nebraska
NEPCEPCONDURG
Finance and Insurance Wages and Salaries in Nebraska
NEWFIN
Citation
U.S. Federal Reserve, Average Weekly Earnings of Production Employees: Manufacturing: Non-Durable Goods in Nebraska (SMU31000003200000030), retrieved from FRED.