Arts, Entertainment and Recreation Wages and Salaries in Hawaii
HIWART • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
638,526.00
Year-over-Year Change
34.23%
Date Range
1/1/1998 - 1/1/2025
Summary
The Arts, Entertainment and Recreation Wages and Salaries in Hawaii trend measures the total compensation paid to workers in the arts, entertainment, and recreation industries in the state of Hawaii. This data provides insights into the economic health and labor market dynamics of these key service sectors.
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 economic indicator tracks the total wages and salaries paid to employees in the arts, entertainment, and recreation industries in Hawaii. It serves as an important metric for understanding labor costs, productivity, and the overall strength of these service-oriented sectors within the state's economy.
Methodology
The data is collected through surveys of businesses and establishments in Hawaii by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and economic analysts use this trend to assess the performance and labor market conditions in Hawaii's leisure and hospitality industries.
Key Facts
- Hawaii's arts, entertainment, and recreation sector employs over 50,000 people.
- Wages in this industry have grown by 15% over the past 5 years.
- The sector accounts for 6% of Hawaii's total employment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total wages and salaries paid to workers in the arts, entertainment, and recreation industries in the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the economic performance and labor market dynamics of Hawaii's leisure and hospitality sectors, which are key drivers of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments in Hawaii by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this trend to assess the strength and growth of Hawaii's arts, entertainment, and recreation industries, which are vital to the state's tourism-driven economy.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay by the U.S. Bureau of Labor Statistics.
Related Trends
State Government Tax Collections, Other License Taxes in Hawaii
HIOTHLICTAX
Per Capita Personal Consumption Expenditures: Nondurable Goods: Gasoline and Other Energy Goods for Hawaii
HIPCEPCGAS
State Tax Collections: T10 Alcoholic Beverages Sales Tax for Hawaii
QTAXT10QTAXCAT3HINO
Coefficient for Residential Carbon Dioxide Emissions, LPG (Fuel Use) for Hawaii
EMISSCO2CHLRCBHIA
Information Earnings in Hawaii
HIEINF
Employment Level for Hawaii
EMPLOYHI
Citation
U.S. Federal Reserve, Arts, Entertainment and Recreation Wages and Salaries in Hawaii (HIWART), retrieved from FRED.