Management of Companies and Enterprises Wages and Salaries in Arizona
AZWMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,612,865.00
Year-over-Year Change
34.91%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Management of Companies and Enterprises Wages and Salaries in Arizona' trend measures the average hourly and weekly earnings for workers in the management of companies and enterprises industry within the state of Arizona. This economic indicator provides insights into labor costs and productivity in a key 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 hourly and weekly wages paid to employees in the management of companies and enterprises industry in Arizona. It is a useful barometer of labor costs and labor market conditions in this important economic sector, which includes activities such as corporate, subsidiary, and regional managing offices.
Methodology
The data is collected through surveys of business establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess the business climate and competitiveness of Arizona's management sector.
Key Facts
- Arizona's management wages are above the national average.
- Wages in this sector have risen steadily over the past decade.
- The management industry accounts for a significant share of Arizona's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly and weekly wages paid to workers in the management of companies and enterprises industry within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor costs and productivity in a key economic sector, which is useful for assessing the business climate and competitiveness of Arizona's management industry.
Q: How is this data collected or calculated?
A: The data is collected through surveys of business 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 evaluate the performance and competitiveness of Arizona's management sector, which is an important component of the state's economy.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with some potential for short delays in publication.
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Citation
U.S. Federal Reserve, Management of Companies and Enterprises Wages and Salaries in Arizona (AZWMAN), retrieved from FRED.