12-Month Moving Average of Unweighted Median Hourly Wage Growth: Age: 25-54 Years
FRBATLWGT12MMUMHWGA2554Y • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.50
Year-over-Year Change
-16.67%
Date Range
12/1/1997 - 7/1/2025
Summary
The 12-Month Moving Average of Unweighted Median Hourly Wage Growth for workers aged 25-54 years measures the change in median hourly wages over a rolling 12-month period. This trend provides insight into broad-based wage dynamics and inflationary pressures in the labor market.
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 metric tracks the median hourly wage growth, rather than the average, to focus on the 'typical' worker rather than being skewed by outliers. It is an important indicator for policymakers and economists assessing the health of the labor market and inflationary trends.
Methodology
The data is calculated by the Federal Reserve Bank of Atlanta based on the Current Population Survey.
Historical Context
This wage growth trend is closely monitored by the Federal Reserve and other economic institutions to inform monetary policy decisions.
Key Facts
- The 12-month moving average was 5.3% as of the latest data.
- Wage growth has accelerated from around 3% in 2020.
- This metric provides a more stable view of wage trends compared to month-over-month changes.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 12-month moving average of the median hourly wage growth for workers aged 25-54 years in the United States.
Q: Why is this trend relevant for users or analysts?
A: This wage growth metric is an important indicator of labor market conditions and inflationary pressures that inform economic policymaking.
Q: How is this data collected or calculated?
A: The data is calculated by the Federal Reserve Bank of Atlanta based on the Current Population Survey.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other economic institutions closely monitor this wage growth trend to help guide monetary policy decisions.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of approximately one month.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Age: 25-54 Years (FRBATLWGT12MMUMHWGA2554Y), retrieved from FRED.