Quarterly, Seasonally Adjusted
SWELFTOTQDSMEI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,028.45
Year-over-Year Change
2.49%
Date Range
1/1/1970 - 1/1/2012
Summary
The Quarterly, Seasonally Adjusted series measures the aggregate nominal wages and salaries of all employees in the United States. This key economic indicator provides insights into the health of the labor market and consumer spending power.
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 Quarterly, Seasonally Adjusted series represents the total nominal wages and salaries paid to employees in the U.S. economy. It is a broad measure of labor income and a crucial input for analyzing overall economic performance and consumer demand.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys of employers.
Historical Context
Economists and policymakers use this series to gauge macroeconomic trends and inform decisions around fiscal and monetary policy.
Key Facts
- Quarterly, Seasonally Adjusted data is released by the U.S. Bureau of Economic Analysis.
- The series covers all private and government employees in the United States.
- Nominal wage growth is a key input for measuring inflation and consumer purchasing power.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the total nominal wages and salaries paid to all employees in the U.S. economy.
Q: Why is this trend relevant for users or analysts?
A: This series provides important insights into the health of the labor market and consumer spending power, which are crucial for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys of employers.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this series to gauge macroeconomic trends and inform decisions around fiscal and monetary policy.
Q: Are there update delays or limitations?
A: The Quarterly, Seasonally Adjusted data is released by the U.S. Bureau of Economic Analysis on a regular schedule with minimal delays.
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Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (SWELFTOTQDSMEI), retrieved from FRED.