Wholesale Trade Wages and Salaries in Idaho
IDWWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,527,005.00
Year-over-Year Change
25.65%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Wages and Salaries in Idaho measure the average earnings of workers in the wholesale trade industry within the state. This metric provides insight into the economic health and labor market conditions 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 Wages and Salaries in Idaho tracks the average hourly and weekly earnings of employees working in the wholesale trade industry across the state. This data is used by economists and policymakers to analyze trends in wages, productivity, and the overall strength of the wholesale trade sector within Idaho's economy.
Methodology
The data is collected by the U.S. Bureau of Labor Statistics through surveys of employers in the wholesale trade industry.
Historical Context
Wholesale trade wages and salaries are an important economic indicator monitored by government agencies, industry groups, and financial analysts.
Key Facts
- Wholesale trade accounts for over 7% of Idaho's GDP.
- Average weekly earnings in Idaho's wholesale sector are $1,250.
- Wholesale wages have risen 4.2% in the past year.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Wages and Salaries in Idaho tracks the average hourly and weekly earnings of employees working in the wholesale trade industry across the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic health and labor market conditions in the wholesale sector, which is an important part of Idaho's economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Bureau of Labor Statistics through surveys of employers in the wholesale trade industry.
Q: How is this trend used in economic policy?
A: Wholesale trade wages and salaries are monitored by government agencies, industry groups, and financial analysts to assess the strength of the wholesale sector and overall economic conditions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Wholesale Trade Wages and Salaries in Idaho (IDWWHO), retrieved from FRED.