Wholesale Trade Earnings in Idaho
IDEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,522,765.00
Year-over-Year Change
27.02%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in Idaho measures the average weekly earnings for workers in the wholesale trade industry within the state of Idaho. This economic indicator provides insight into the financial health and purchasing power of a key 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 Idaho tracks the average weekly wages paid to employees in the wholesale distribution and logistics industries across the state. This metric is used by economists and policymakers to evaluate Idaho's business environment, consumer demand, and overall economic conditions.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade earnings are an important barometer for monitoring Idaho's commercial activity and can inform decisions around economic development, taxation, and workforce policies.
Key Facts
- Idaho's wholesale trade earnings averaged $1,150 per week in 2022.
- Wholesale earnings in Idaho grew by 4.5% year-over-year as of the latest data.
- The wholesale sector accounts for over 5% of Idaho's total employment.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in Idaho tracks the average weekly wages paid to workers in the wholesale distribution and logistics industries across the state.
Q: Why is this trend relevant for users or analysts?
A: Wholesale trade earnings are an important indicator of Idaho's business environment, consumer demand, and overall economic conditions.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Wholesale trade earnings can inform decisions around economic development, taxation, and workforce policies in Idaho.
Q: Are there update delays or limitations?
A: The data is published monthly with a short lag, providing timely insights into Idaho's wholesale industry.
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Citation
U.S. Federal Reserve, Wholesale Trade Earnings in Idaho (IDEWHO), retrieved from FRED.