Average Weekly Earnings of All Employees: Financial Activities in North Carolina
SMU37000005500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,674.61
Year-over-Year Change
6.24%
Date Range
1/1/2007 - 7/1/2025
Summary
This economic trend measures the average weekly earnings of all employees in the financial activities sector in North Carolina. It provides insights into wage levels and trends 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: Financial Activities in North Carolina is an important indicator of labor market conditions and economic performance in the state's financial services industry. This data series is used by economists, policymakers, and analysts to assess the competitive position and financial health of North Carolina's financial sector.
Methodology
The data is collected through surveys of businesses and establishments in the financial activities sector.
Historical Context
This trend is relevant for monitoring the North Carolina economy and informing policy decisions related to the financial industry.
Key Facts
- North Carolina is a major financial hub in the Southeast U.S.
- The financial activities sector is a key driver of the state's economy.
- Wages in this sector have shown steady growth in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees in the financial activities sector in North Carolina, providing insights into wage levels and trends in this key industry.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for monitoring the competitive position and financial health of North Carolina's financial sector, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in the financial activities sector.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and analysts to inform decisions related to the financial industry in North Carolina.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule, but there may be occasional delays or limitations in data collection.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Financial Activities in North Carolina (SMU37000005500000011), retrieved from FRED.