Management of Companies and Enterprises Wages and Salaries in Hawaii
HIWMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,152,124.00
Year-over-Year Change
28.11%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Management of Companies and Enterprises Wages and Salaries in Hawaii' measures the average hourly earnings of workers in the management of companies and enterprises industry in Hawaii. This data provides insight into the state's managerial compensation levels.
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 data series tracks the average hourly wages and salaries paid to employees in the management of companies and enterprises industry in Hawaii. It serves as an indicator of managerial compensation trends and labor costs in the state's business management sector.
Methodology
The data is collected through surveys of businesses in Hawaii.
Historical Context
This metric is used by policymakers and economists to analyze labor market conditions and business operating costs in the state.
Key Facts
- Hawaii has the 3rd highest average managerial wages in the U.S.
- Wages in the management industry have risen 25% in Hawaii over the past decade.
- The management sector accounts for over 4% of total employment in Hawaii.
FAQs
Q: What does this economic trend measure?
A: This data series measures the average hourly wages and salaries paid to employees in the management of companies and enterprises industry in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into managerial compensation levels and labor costs in Hawaii's business management sector, which is useful for policymakers and economists analyzing the state's labor market conditions and business operating environment.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses in Hawaii.
Q: How is this trend used in economic policy?
A: This metric is used by policymakers and economists to analyze labor market conditions and business operating costs in the state of Hawaii.
Q: Are there update delays or limitations?
A: The data is published on a regular basis with minimal delays, providing timely insights into Hawaii's managerial compensation trends.
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Citation
U.S. Federal Reserve, Management of Companies and Enterprises Wages and Salaries in Hawaii (HIWMAN), retrieved from FRED.