Imports of Services: Other business services
Quarterly, Not Seasonally Adjusted
IEAMSBN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,189.00
Year-over-Year Change
25.10%
Date Range
1/1/1999 - 1/1/2025
Summary
The Quarterly, Not Seasonally Adjusted series measures the average hourly earnings of all employees in the manufacturing sector. This data provides insights into wage trends and labor costs, which are key indicators for economists and policymakers.
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 average hourly earnings of manufacturing workers on a quarterly basis, without seasonal adjustments. It is a widely used metric for understanding labor market dynamics and assessing the overall health of the manufacturing industry.
Methodology
The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Manufacturing wages and earnings are closely monitored by policymakers, investors, and analysts for their implications on inflation, consumer spending, and the broader economic outlook.
Key Facts
- Manufacturing accounts for over 11% of U.S. GDP.
- Quarterly wage data helps track economic cycles.
- Earnings data informs decisions on monetary and fiscal policy.
FAQs
Q: What does this economic trend measure?
A: The Quarterly, Not Seasonally Adjusted series tracks the average hourly earnings of all employees in the U.S. manufacturing sector.
Q: Why is this trend relevant for users or analysts?
A: Manufacturing wages are a key indicator of labor market conditions and can provide insights into broader economic trends, such as inflation and consumer spending.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, investors, and analysts closely monitor manufacturing wages to assess the overall health of the industry and make informed decisions on monetary and fiscal policy.
Q: Are there update delays or limitations?
A: The Quarterly, Not Seasonally Adjusted data is released with a lag, and users should be aware of potential delays or revisions to the published figures.
Related Trends
Primary income payments: Investment income: Other investment income
IEAMIO
U.S. Imports of Services: Other Business Services
ITMOBSM133S
Imports of Goods: Non-Manufactured Commodities for United States
IMPNONUS
Imports of goods and services and income receipts (debits)
IEAM
Advance U.S. International Trade in Goods: Imports
AITGIXS
U.S. Imports of Services: Maintenance and Repair Services, not included elsewhere
ITMMARM133S
Citation
U.S. Federal Reserve, Quarterly, Not Seasonally Adjusted (IEAMSBN), retrieved from FRED.