Transportation and Warehousing Wages and Salaries in Missouri
MOWTRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,217,206.00
Year-over-Year Change
9.69%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Transportation and Warehousing Wages and Salaries in Missouri' series measures the average wages and salaries for workers in the transportation and warehousing industry in the state of Missouri. This trend is a key indicator of economic activity and labor market conditions in this important 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
This data series tracks the average hourly and weekly wages and salaries paid to employees in the transportation and warehousing industry across Missouri. It is a valuable metric for assessing the strength and competitiveness of this sector within the state's economy.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this series to monitor the health and trends within Missouri's transportation and logistics industries.
Key Facts
- Missouri's transportation and warehousing sector employs over 170,000 workers.
- Wages in this industry have increased by 25% over the past decade.
- Trucking is the largest sub-sector, accounting for 60% of total employment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the average wages and salaries paid to workers in Missouri's transportation and warehousing industry, including sectors like trucking, rail, air transportation, and warehousing.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into labor market conditions and compensation levels within a critical sector of Missouri's economy. It is useful for assessing industry competitiveness and informing economic policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to monitor the health of Missouri's transportation and logistics industries, which are vital to the state's economic growth and competitiveness.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months. There may be limitations in geographic or industry coverage for smaller sub-sectors.
Related Trends
Employed Involuntary Part-Time for Missouri
INVOLPTEMPMO
Average Hourly Earnings of All Employees: Total Private in Missouri
SMU29000000500000003
Total Unemployed, as a Percent of the Civilian Labor Force for Missouri
U3UNEM3MO
Regional Price Parities: Services: Other: Nonmetropolitan Portion for Missouri
MONMPRPPSERVEOTH
Transportation Carbon Dioxide Emissions, Lubricants for Missouri
EMISSCO2VLUACBMOA
Real Personal Income: Metropolitan Portion for Missouri
MOMPRPI
Citation
U.S. Federal Reserve, Transportation and Warehousing Wages and Salaries in Missouri (MOWTRA), retrieved from FRED.