Information Earnings in Wisconsin
WIEINF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,171,921.00
Year-over-Year Change
18.55%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Information Earnings in Wisconsin' metric tracks average weekly earnings for employees in the information industry sector within the state of Wisconsin. This data provides insight into economic conditions and trends in a key component of the state's economy.
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 information industry encompasses businesses involved in publishing, telecommunications, data processing, and other information-related activities. Tracking earnings in this sector helps analysts and policymakers understand broader employment and wage dynamics across Wisconsin.
Methodology
The data is collected through the Quarterly Census of Employment and Wages program by the U.S. Bureau of Labor Statistics.
Historical Context
This information is used to assess the strength and competitiveness of Wisconsin's technology and knowledge-based economy.
Key Facts
- Wisconsin's information sector accounts for over 5% of the state's total employment.
- Information industry wages in Wisconsin are approximately 40% higher than the statewide average.
- Earnings growth in the information sector has outpaced overall state wage increases in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'Information Earnings in Wisconsin' metric tracks the average weekly wages for employees working in the information industry sector within the state of Wisconsin.
Q: Why is this trend relevant for users or analysts?
A: This data provides valuable insight into the strength and competitiveness of Wisconsin's technology and knowledge-based economy, which is a key driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this information to assess the state of Wisconsin's information industry and make informed decisions about economic development, workforce training, and other policies that impact the technology and knowledge sectors.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, so there may be a lag of several months before the most recent information is available.
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Citation
U.S. Federal Reserve, Information Earnings in Wisconsin (WIEINF), retrieved from FRED.