Average Weekly Earnings of All Employees: Manufacturing in Wisconsin
SMU55000003000000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,260.29
Year-over-Year Change
1.41%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Earnings of All Employees: Manufacturing in Wisconsin tracks the average weekly earnings of manufacturing workers in the state. This metric provides insight into the economic health and productivity of Wisconsin's 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 data series measures the average weekly earnings of all employees in the manufacturing industry in Wisconsin. It is a key indicator of labor costs, worker compensation, and overall economic conditions in the state's manufacturing sector.
Methodology
The data is collected through the Current Employment Statistics (CES) survey conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Analysts and policymakers use this metric to assess the competitiveness and vitality of Wisconsin's manufacturing industry.
Key Facts
- Wisconsin is one of the top manufacturing states in the U.S.
- Manufacturing accounts for over 16% of Wisconsin's GDP.
- The state has a strong focus on durable goods production.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees in the manufacturing industry in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic health and productivity of Wisconsin's manufacturing sector, which is a crucial 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: Analysts and policymakers use this metric to assess the competitiveness and vitality of Wisconsin's manufacturing industry, which is important for economic development and policymaking.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Manufacturing in Wisconsin (SMU55000003000000011), retrieved from FRED.