Average Weekly Earnings of All Employees: Manufacturing in Oregon
SMU41000003000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,388.31
Year-over-Year Change
1.45%
Date Range
1/1/2007 - 6/1/2025
Summary
The 'Average Weekly Earnings of All Employees: Manufacturing in Oregon' trend measures the average weekly earnings for manufacturing workers in the state of Oregon. This metric is a key indicator of economic activity and labor market conditions in the manufacturing 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 represents the average weekly earnings for all employees in the manufacturing industry in Oregon. It is a useful data point for economists and policymakers to assess the financial well-being of manufacturing workers and monitor trends in industrial labor compensation.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to evaluate the health of Oregon's manufacturing economy and its implications for the broader state economy.
Key Facts
- Oregon's manufacturing sector employs over 200,000 workers.
- Average weekly earnings in Oregon manufacturing are higher than the national average.
- Manufacturing accounts for approximately 10% of Oregon's total GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings for all employees in the manufacturing industry in the state of Oregon.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of economic activity and labor market conditions in Oregon's manufacturing sector, which is an important part of the state's economy.
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 analysts use this metric to evaluate the health of Oregon's manufacturing economy and its implications for the broader state economy.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Manufacturing in Oregon (SMU41000003000000011), retrieved from FRED.