Hourly Compensation for Information: Newspaper Publishers (NAICS 51111) in the United States
IPUJN51111U120000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140.09
Year-over-Year Change
56.58%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures hourly compensation for information workers in the newspaper publishing industry in the United States. It provides insights into labor costs and productivity in a key media 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 Hourly Compensation for Information: Newspaper Publishers (NAICS 51111) in the United States measures the average hourly pay, including wages and benefits, for workers in information-related roles at U.S. newspaper publishing companies. It is a key metric for analyzing labor market dynamics and input costs in the news media industry.
Methodology
The data is collected through surveys of U.S. businesses by the Bureau of Labor Statistics.
Historical Context
This trend is closely watched by economists, media analysts, and policymakers to understand compensation and productivity trends in the newspaper publishing industry.
Key Facts
- Compensation in the newspaper publishing industry has declined over the past two decades.
- Hourly pay is significantly lower than the national average for information workers.
- Productivity gains have outpaced compensation growth in this sector.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly compensation, including wages and benefits, for workers in information-related roles at U.S. newspaper publishing companies.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into labor costs and productivity in the newspaper publishing industry, which is a key sector for media and information distribution.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses conducted by the Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists, media analysts, and policymakers use this trend to understand compensation and productivity dynamics in the newspaper publishing industry, which informs decisions around labor, regulations, and industry support.
Q: Are there update delays or limitations?
A: There may be delays of several months in the release of this data, and the sample size for the newspaper publishing industry may be limited compared to broader labor market measures.
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Citation
U.S. Federal Reserve, Hourly Compensation for Information: Newspaper Publishers (NAICS 51111) in the United States (IPUJN51111U120000000), retrieved from FRED.