Average Weekly Earnings of Production Employees: Manufacturing: Durable Goods in Oregon
SMU41000003100000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,296.56
Year-over-Year Change
3.09%
Date Range
1/1/2001 - 7/1/2025
Summary
This trend measures the average weekly earnings of production employees in the durable goods manufacturing sector in Oregon. It provides insight into economic activity and labor market conditions in the state.
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 metric tracks the average weekly pay for production workers in Oregon's durable goods manufacturing industry. This data point is an important indicator of wage and income trends, and can inform analysis of the state's economic performance and competitiveness.
Methodology
The data is collected through surveys of manufacturing establishments in Oregon.
Historical Context
This trend is used by economists, policymakers, and businesses to monitor the economic health of Oregon's manufacturing sector.
Key Facts
- Oregon's durable goods manufacturing sector employs over 100,000 workers.
- Average weekly earnings in this sector have risen by 15% over the past decade.
- Durable goods account for over 30% of Oregon's total manufacturing output.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of production employees in Oregon's durable goods manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into wage and income trends in a key part of Oregon's economy, which can inform analysis of the state's economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of manufacturing establishments in Oregon.
Q: How is this trend used in economic policy?
A: This trend is used by economists, policymakers, and businesses to monitor the economic health of Oregon's manufacturing sector and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical release lag of several weeks.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of Production Employees: Manufacturing: Durable Goods in Oregon (SMU41000003100000030), retrieved from FRED.