Information Earnings in Missouri
MOEINF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,813,713.00
Year-over-Year Change
14.80%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Information Earnings in Missouri' series measures average weekly earnings for the information industry in the state of Missouri. This data provides insight into economic conditions and compensation trends within the information 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 information industry encompasses businesses that produce, process, and distribute information and cultural products. This economic indicator tracks the average weekly wages earned by workers in this key sector, which includes publishing, telecommunications, data processing, and related activities.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Historical Context
Information industry earnings are closely monitored by policymakers and analysts to assess the strength of a state's knowledge-based economy.
Key Facts
- Missouri's information sector accounts for over 2.5% of total state employment.
- Information industry wages in Missouri are typically 25% higher than the state's overall average earnings.
- The information sector has been a key driver of economic growth in Missouri in recent years.
FAQs
Q: What does this economic trend measure?
A: The 'Information Earnings in Missouri' series tracks the average weekly wages earned by workers in the information industry within the state of Missouri.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the strength and compensation levels of Missouri's knowledge-based economy, which is crucial for policymakers and business leaders.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Information industry earnings are closely monitored by policymakers and analysts to assess the strength of Missouri's knowledge-based economy and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis, with a typical 3-month lag between the end of the reference period and the data release.
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Citation
U.S. Federal Reserve, Information Earnings in Missouri (MOEINF), retrieved from FRED.