12-Month Moving Average of Unweighted Median Hourly Wage Growth for the West South Central Census Division
FRBATLWGT12MMUMHWGWSCCD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.10
Year-over-Year Change
-19.61%
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 the West South Central Census Division. It provides insights into regional 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 for the West South Central Census Division tracks changes in typical hourly wages across this specific geographic region over time. It is a useful indicator for economists and policymakers to assess regional labor market trends and wage pressures.
Methodology
The data is collected through surveys of employers and calculated as a 12-month moving average.
Historical Context
This trend helps inform monetary and fiscal policy decisions that impact employment and wages.
Key Facts
- The West South Central Census Division includes Arkansas, Louisiana, Oklahoma, and Texas.
- Median wages help capture the experience of typical workers, not just high or low earners.
- Unweighted data gives equal consideration to all employers, rather than larger firms.
FAQs
Q: What does this economic trend measure?
A: This trend measures the 12-month moving average of unweighted median hourly wage growth for the West South Central Census Division, providing insights into regional wage dynamics.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists and policymakers to assess regional labor market conditions and wage pressures, which can inform monetary and fiscal policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers and calculated as a 12-month moving average.
Q: How is this trend used in economic policy?
A: This trend helps inform monetary and fiscal policy decisions that impact employment and wages.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of labor market surveys.
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Citation
U.S. Federal Reserve, 12-Month Moving Average of Unweighted Median Hourly Wage Growth for the West South Central Census Division (FRBATLWGT12MMUMHWGWSCCD), retrieved from FRED.