Average Hourly Earnings of All Employees: Trade, Transportation, and Utilities in District of Columbia
SMU11000004000000003 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.12
Year-over-Year Change
9.66%
Date Range
1/1/2007 - 6/1/2025
Summary
This economic trend measures the average hourly earnings of all employees in the trade, transportation, and utilities sector in the District of Columbia. It provides insight into wage growth and labor market conditions in this key economic region.
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 Average Hourly Earnings of All Employees: Trade, Transportation, and Utilities in District of Columbia is a crucial indicator of economic activity and labor market performance in the District's key industries. It helps economists and policymakers assess the strength of the local job market and inflationary pressures.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by the Federal Reserve and other economic institutions to gauge regional economic conditions and guide policy decisions.
Key Facts
- The average hourly wage in this sector was $33.55 as of the latest data.
- Earnings have risen by 3.2% over the past year in this industry.
- The District of Columbia accounts for over 700,000 jobs in these key sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly earnings of all employees in the trade, transportation, and utilities sector within the District of Columbia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into wage growth and labor market conditions in a critical economic region, which is closely monitored by policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions use this regional earnings data to assess economic conditions and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical lag of one to two months.
Similar SMU Trends
All Employees: Special Food Services in the District of Columbia
SMU11000007072230001A
Value of Exports to Norway from District of Columbia
DCNORA052SCEN
Coefficient for Residential Carbon Dioxide Emissions, LPG (Fuel Use) for District of Columbia
EMISSCO2CHLRCBDCA
Personal Consumption Expenditures: Services: Food Services and Accommodations for District of Columbia
DCPCEFDSRVACCMD
Total Unemployed Plus Discouraged Workers, as a Percent of the Civilian Labor Force Plus Discouraged Workers for the District of Columbia
U4UNEM4DC
Wholesale Trade Earnings in District of Columbia
DCEWHO
Citation
U.S. Federal Reserve, Average Hourly Earnings of All Employees: Trade, Transportation, and Utilities in District of Columbia (SMU11000004000000003), retrieved from FRED.