Average Weekly Earnings of All Employees: Financial Activities in Nebraska
SMU31000005500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,570.92
Year-over-Year Change
3.77%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Earnings of All Employees: Financial Activities in Nebraska measure the average earnings of workers in the financial services industry in the state. This metric is important for understanding economic trends and labor market conditions in the financial 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 all employees in financial activities, which includes industries such as banking, insurance, and securities trading, within the state of Nebraska. It provides insight into compensation levels and changes over time for this key economic sector.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this trend to assess the financial health and labor market dynamics of Nebraska's economy.
Key Facts
- Nebraska's financial activities sector accounts for over 5% of the state's total employment.
- Average weekly earnings in Nebraska's financial activities industry are typically higher than the statewide average.
- The COVID-19 pandemic had a significant impact on earnings in this sector, with a sharp decline in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees in the financial activities industry in the state of Nebraska.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into compensation levels and trends within a key economic sector, which is important for understanding the financial health and labor market dynamics of Nebraska's economy.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the financial sector's performance and its impact on the overall state economy.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Financial Activities in Nebraska (SMU31000005500000011), retrieved from FRED.