Hourly Compensation for Information: Periodical Publishers (NAICS 511120) in the United States
IPUJN511120U120000000 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135.67
Year-over-Year Change
54.41%
Date Range
1/1/1987 - 1/1/2024
Summary
This economic trend measures hourly compensation for workers in the periodical publishing industry in the United States. It provides insights into labor costs and productivity in this 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: Periodical Publishers (NAICS 511120) in the United States metric tracks the average hourly wages, benefits, and other labor costs for employees in the periodical publishing industry. This data point is used by economists and policymakers to assess labor market conditions and productivity trends in the media industry.
Methodology
The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Historical Context
This compensation metric is relevant for understanding economic policies and market dynamics affecting the publishing and media sectors.
Key Facts
- Wages make up the majority of hourly compensation in the periodical publishing industry.
- Hourly compensation has grown steadily over the past decade.
- The publishing industry is a key driver of economic activity in many regions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the average hourly wages, benefits, and other labor costs for employees in the periodical publishing industry in the United States.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into labor market conditions and productivity trends in the media and publishing sectors, which are important for economic policymaking and business strategy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This compensation metric is relevant for understanding economic policies and market dynamics affecting the publishing and media industries.
Q: Are there update delays or limitations?
A: The data is published on a regular schedule by the U.S. Federal Reserve, but may have some time lags or limitations in coverage.
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Citation
U.S. Federal Reserve, Hourly Compensation for Information: Periodical Publishers (NAICS 511120) in the United States (IPUJN511120U120000000), retrieved from FRED.