12-Month Moving Average of Unweighted Median Hourly Wage Growth: Race: White
FRBATLWGT12MMUMHWGRW • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.30
Year-over-Year Change
-15.69%
Date Range
12/1/1997 - 7/1/2025
Summary
This economic trend measures the 12-month moving average of unweighted median hourly wage growth for White workers. It provides insights into broader wage dynamics and labor market conditions.
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 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Race: White tracks changes in the median hourly wage for White workers over time. This metric is used by economists and policymakers to understand wage pressures and the health of the labor market.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Historical Context
Policymakers and analysts monitor this trend to gauge the strength of the economy and inform decisions on monetary and fiscal policies.
Key Facts
- The trend reached a high of 4.8% in March 2022.
- Wage growth for White workers has outpaced other racial groups in recent years.
- Median hourly wages are a key indicator of the strength of the labor market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 12-month moving average of unweighted median hourly wage growth for White workers in the United States.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into broader wage dynamics and the health of the labor market, which are closely watched by economists, policymakers, and market participants.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Population Survey.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to gauge the strength of the economy and inform decisions on monetary and fiscal policies.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication schedule and revision processes of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth: Race: White (FRBATLWGT12MMUMHWGRW), retrieved from FRED.