Wholesale Trade Earnings in Connecticut
CTEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,003,065.00
Year-over-Year Change
13.74%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in Connecticut trend measures average weekly earnings for employees in the wholesale trade industry within the state. This provides insights into labor market conditions and economic activity in the wholesale 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
The Wholesale Trade Earnings in Connecticut metric tracks the average weekly pay for workers in wholesale trade businesses across the state. This indicator offers a lens into the financial health and productivity of the wholesale industry, which is a key component of Connecticut's economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade earnings data informs policymakers and analysts about economic conditions and trends in Connecticut's labor market.
Key Facts
- Connecticut's wholesale sector employs over 100,000 workers.
- Wholesale trade earnings in Connecticut average $1,300 per week.
- Wholesale earnings have grown 4% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in Connecticut trend measures the average weekly earnings for employees in the wholesale trade industry within the state.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the financial health and productivity of Connecticut's wholesale sector, which is a key component of the state's economy.
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: Wholesale trade earnings data informs policymakers and analysts about economic conditions and trends in Connecticut's labor market.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely insights into the wholesale trade sector.
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Citation
U.S. Federal Reserve, Wholesale Trade Earnings in Connecticut (CTEWHO), retrieved from FRED.