Information Earnings in Connecticut
CTEINF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,442,463.00
Year-over-Year Change
7.55%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Information Earnings in Connecticut' trend measures the average weekly earnings in the information industry sector for the state of Connecticut. This metric is a key indicator of economic activity and labor market conditions in the state's technology and communications industries.
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 information industry includes companies involved in publishing, broadcasting, telecommunications, data processing, and other information-related services. This trend provides insights into the compensation levels and employment trends within Connecticut's knowledge-based economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Information industry earnings are closely watched by policymakers and analysts to gauge the strength of Connecticut's high-tech and digital media sectors.
Key Facts
- Connecticut is a major hub for information and technology companies.
- Information industry earnings in the state have grown steadily over the past decade.
- The information sector accounts for over 5% of Connecticut's total employment.
FAQs
Q: What does this economic trend measure?
A: The 'Information Earnings in Connecticut' trend measures the average weekly earnings for workers in the information industry sector within the state of Connecticut.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into compensation levels and employment trends in Connecticut's knowledge-based, high-tech economy, which is a crucial driver of the state's overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Information industry earnings are closely watched by policymakers and analysts to gauge the strength of Connecticut's high-tech and digital media sectors, which are key priorities for economic development in the state.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical 1-2 month lag between the reference period and the publication date.
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Citation
U.S. Federal Reserve, Information Earnings in Connecticut (CTEINF), retrieved from FRED.