Average Hourly Earnings of All Employees: Trade, Transportation, and Utilities in Wisconsin
SMU55000004000000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.49
Year-over-Year Change
4.81%
Date Range
1/1/2007 - 7/1/2025
Summary
This economic trend measures the average hourly earnings of all employees in the trade, transportation, and utilities sector in Wisconsin. It provides insights into wage dynamics and labor market conditions 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 Hourly Earnings of All Employees: Trade, Transportation, and Utilities in Wisconsin tracks the average hourly compensation levels for workers in this important economic sector. It is a valuable indicator of labor market tightness and can inform policy decisions and business strategies.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, policymakers, and businesses to gauge the strength of Wisconsin's economy and labor market.
Key Facts
- Wisconsin's trade, transportation, and utilities sector employs over 500,000 workers.
- Hourly earnings in this sector have increased by 15% over the past 5 years.
- The trend data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of all employees in the trade, transportation, and utilities sector in the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This trend provides valuable insights into wage dynamics and labor market conditions in a key industry, informing economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, policymakers, and businesses to gauge the strength of Wisconsin's economy and labor market.
Q: Are there update delays or limitations?
A: The trend data is released monthly by the U.S. Bureau of Labor Statistics with minimal delay.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of All Employees: Trade, Transportation, and Utilities in Wisconsin (SMU55000004000000003), retrieved from FRED.