Hourly Compensation for Information: Periodical Publishers (NAICS 51112) in the United States
IPUJN51112U120000000 • 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 information workers in the periodical publishing industry in the United States. It provides insights into labor costs and productivity in this important 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 51112) in the United States metric tracks changes in hourly wages, benefits, and other labor costs for employees involved in information-related roles at periodical publishing companies. This data is a key indicator of labor market conditions and productivity trends in the publishing industry.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
This metric is used by policymakers, economists, and industry analysts to monitor compensation trends and their impact on the publishing sector.
Key Facts
- Hourly compensation includes wages, salaries, and benefits.
- The periodical publishing industry employs over 100,000 information workers in the U.S.
- Compensation trends can impact the profitability and competitiveness of media companies.
FAQs
Q: What does this economic trend measure?
A: This metric tracks hourly wages, benefits, and other labor costs for information workers at periodical publishing companies in the United States.
Q: Why is this trend relevant for users or analysts?
A: Compensation data for the publishing industry provides insights into labor market conditions and productivity that are crucial for industry analysis, policymaking, and economic forecasting.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this metric to monitor compensation trends and their impact on the profitability and competitiveness of the publishing sector.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions by the collecting agency.
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Citation
U.S. Federal Reserve, Hourly Compensation for Information: Periodical Publishers (NAICS 51112) in the United States (IPUJN51112U120000000), retrieved from FRED.