Arts, Entertainment and Recreation Wages and Salaries in Wisconsin
WIWART • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,141,251.00
Year-over-Year Change
25.31%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Arts, Entertainment and Recreation Wages and Salaries in Wisconsin' trend measures the average weekly earnings of workers in the arts, entertainment and recreation industry in the state of Wisconsin. This data provides insight into the economic health and employment dynamics of this important 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 series tracks the average weekly wages paid to employees in Wisconsin's arts, entertainment and recreation industry. It is a key indicator of the economic conditions and labor market trends within this segment, which includes diverse activities like performing arts, spectator sports, museums, and recreation.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the performance and outlook for Wisconsin's creative economy.
Key Facts
- Wisconsin arts/entertainment wages averaged $595 per week in 2022.
- This sector accounts for over 100,000 jobs in the state.
- Wages in this industry grew 3.2% year-over-year as of the latest data.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the average weekly wages and salaries paid to workers in Wisconsin's arts, entertainment and recreation industry.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the economic health and employment dynamics of an important sector of Wisconsin's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the performance and outlook for Wisconsin's creative economy.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Arts, Entertainment and Recreation Wages and Salaries in Wisconsin (WIWART), retrieved from FRED.