Transportation and Warehousing Earnings in Mississippi
MSETRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,663,360.00
Year-over-Year Change
12.65%
Date Range
1/1/1998 - 1/1/2025
Summary
The Transportation and Warehousing Earnings in Mississippi series tracks changes in average weekly earnings for employees in the transportation and warehousing industry within the state. This metric provides insights into labor market conditions and the economic performance of a key 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 Transportation and Warehousing Earnings in Mississippi series is a monthly indicator published by the U.S. Bureau of Labor Statistics. It measures the average weekly earnings of employees in transportation, warehousing, and related industries across the state, offering valuable insights into industry compensation trends and labor market dynamics.
Methodology
The data is collected through employer surveys and calculated as the average weekly earnings for all employees in the specified industry and geographic area.
Historical Context
This economic indicator is widely used by policymakers, economists, and industry analysts to assess the health and competitiveness of Mississippi's transportation and logistics sectors.
Key Facts
- Mississippi's transportation and warehousing sector employs over 65,000 workers.
- Average weekly earnings in this industry have increased by 12% over the past 5 years.
- The transportation and warehousing sector accounts for 5.2% of Mississippi's total GDP.
FAQs
Q: What does this economic trend measure?
A: The Transportation and Warehousing Earnings in Mississippi series tracks the average weekly earnings of employees in the state's transportation, warehousing, and related industries.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into labor market conditions and the economic performance of a key sector in Mississippi, informing business decisions and policy discussions.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys and calculated as the average weekly earnings for all employees in the specified industry and geographic area.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and industry analysts use this indicator to assess the health and competitiveness of Mississippi's transportation and logistics sectors, which are crucial to the state's economic development.
Q: Are there update delays or limitations?
A: The Transportation and Warehousing Earnings in Mississippi series is published monthly with a slight delay, typically 1-2 months after the reference period.
Related Trends
Gross Domestic Product: Accommodation and Food Services (72) in Mississippi
MSACCFDNGSP
All Employees: Manufacturing: Durable Goods: Furniture and Related Product Manufacturing in Mississippi
SMU28000003133700001
Chain-Type Quantity Index for Real GDP: Natural Resources and Mining (11, 21) in Mississippi
MSNATRESMINQGSP
Housing Inventory: New Listing Count Year-Over-Year in Mississippi
NEWLISCOUYYMS
Real Gross Domestic Product: Water Transportation (483) in Mississippi
MSWATTRANRGSP
Gross Domestic Product: Data Processing, Hosting, and Other Information Services (518-519) in Mississippi
MSDATAWWWNGSP
Citation
U.S. Bureau of Labor Statistics, Transportation and Warehousing Earnings in Mississippi (MSETRA), retrieved from FRED.