Wholesale Trade Earnings in Louisiana
LAEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,655,004.00
Year-over-Year Change
21.23%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in Louisiana metric tracks the average weekly earnings of workers in the wholesale trade industry within the state of Louisiana. This measure provides insights into the economic health and labor market conditions of the wholesale 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
Wholesale trade is a key component of Louisiana's economy, encompassing the distribution and sale of goods and products to retailers, industrial, commercial, or institutional clients. The earnings data offer a window into wage trends and labor force dynamics within this important industry.
Methodology
The data is collected through the Current Employment Statistics (CES) survey administered by the U.S. Bureau of Labor Statistics.
Historical Context
Economists and policymakers monitor wholesale trade earnings to assess overall economic conditions and the strength of consumer demand.
Key Facts
- Louisiana's wholesale trade sector employs over 100,000 workers.
- Wholesale earnings in Louisiana have grown by 15% over the past 5 years.
- The wholesale trade industry accounts for 6% of Louisiana's GDP.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in Louisiana metric tracks the average weekly earnings of workers in the wholesale trade industry within the state of Louisiana.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the economic health and labor market conditions of the wholesale sector, which is a key component of Louisiana's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey administered by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor wholesale trade earnings to assess overall economic conditions and the strength of consumer demand.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Wholesale Trade Earnings in Louisiana (LAEWHO), retrieved from FRED.