US Acquisition of Other Reserve Assets: Currency and deposits
Quarterly, Seasonally Adjusted
IEAACD • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14.00
Year-over-Year Change
-380.00%
Date Range
1/1/2003 - 1/1/2025
Summary
The Quarterly, Seasonally Adjusted series measures the average hourly earnings of all employees in the private nonfarm business sector. It is a key indicator of inflationary pressures in the U.S. economy.
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 metric represents the average hourly compensation, including base pay and bonuses, for employees in the private nonfarm sector. Economists and policymakers analyze this data to assess the strength of the labor market and inflationary trends within the broader economy.
Methodology
The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Historical Context
The Federal Reserve and other institutions closely monitor this series as part of their mandate to achieve stable prices and maximum employment.
Key Facts
- The series has been published since 1964.
- Hourly earnings rose 5.1% in the past year.
- The series is seasonally adjusted to account for regular employment patterns.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Seasonally Adjusted series measures the average hourly earnings of all employees in the private nonfarm business sector.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of inflationary pressures and labor market strength, which are closely monitored by economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Bureau of Labor Statistics' Current Employment Statistics survey.
Q: How is this trend used in economic policy?
A: The Federal Reserve and other institutions closely monitor this series as part of their mandate to achieve stable prices and maximum employment.
Q: Are there update delays or limitations?
A: The series is published on a quarterly basis with typical update delays of several weeks.
Related Trends
US Acquisition of Portfolio Investment Assets: Debt securities
IEAAPID
US Acquisition of Other Investment Assets: Loans
IEAAOIL
US Acquisition of Reserve Assets: Other reserve assets
IEAARON
US Acquisition of Portfolio Investment Assets: Equity and investment fund shares
IEAAPIE
US Acquisition of Direct Investment Assets: Equity
IEAADIE
US Incurrence of Portfolio Investment Liabilities: Equity and investment fund shares
IEAIPIE
Citation
U.S. Federal Reserve, Quarterly, Seasonally Adjusted (IEAACD), retrieved from FRED.