Wholesale Trade Earnings in Massachusetts
MAEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,071,544.00
Year-over-Year Change
3.81%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in Massachusetts is an economic indicator that measures the average weekly earnings of workers in the wholesale trade industry within the state of Massachusetts. It provides insights into the financial health and productivity of this key economic 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 Wholesale Trade Earnings in Massachusetts represents the average weekly earnings of workers employed in the wholesale trade industry across the state. This metric is closely monitored by economists and policymakers to gauge the strength of the wholesale sector and its contribution to the overall state economy.
Methodology
The data is collected and published by the U.S. Bureau of Labor Statistics through its Quarterly Census of Employment and Wages program.
Historical Context
Wholesale trade is a critical component of Massachusetts' economy, and changes in earnings within this sector can have broader implications for consumer prices, business investment, and overall economic growth.
Key Facts
- Massachusetts is a major hub for wholesale trade in the northeastern United States.
- Wholesale earnings account for over 10% of total private-sector wages in the state.
- The wholesale trade sector employs more than 200,000 workers in Massachusetts.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in Massachusetts metric measures the average weekly earnings of workers employed in the wholesale trade industry across the state.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into the financial health and productivity of the wholesale trade sector, which is a critical component of Massachusetts' economy.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Bureau of Labor Statistics through its Quarterly Census of Employment and Wages program.
Q: How is this trend used in economic policy?
A: Changes in wholesale trade earnings are closely monitored by economists and policymakers as they can have broader implications for consumer prices, business investment, and overall economic growth in Massachusetts.
Q: Are there update delays or limitations?
A: The Wholesale Trade Earnings in Massachusetts data is published on a quarterly basis, with a typical delay of 1-2 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Wholesale Trade Earnings in Massachusetts (MAEWHO), retrieved from FRED.