Management of Companies and Enterprises Wages and Salaries in Mississippi
MSWMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,350,431.00
Year-over-Year Change
16.68%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Management of Companies and Enterprises Wages and Salaries in Mississippi' trend measures the average wages and salaries paid to workers in the management of companies and enterprises industry in the state of Mississippi. This metric is important for economists and policymakers to understand regional labor market dynamics.
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 series tracks the average hourly or weekly earnings of employees in the management of companies and enterprises sector in Mississippi. It provides insight into the compensation levels and trends for this specific industry and geographic area, which can inform economic analysis and policy decisions.
Methodology
The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this metric to assess regional economic conditions and labor market competitiveness.
Key Facts
- Mississippi's management of companies wages were $44.21 per hour in 2022.
- Wages in this sector have grown 3.8% annually over the past 5 years.
- Management of companies is a key industry cluster in Mississippi's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average wages and salaries paid to workers in the management of companies and enterprises industry in the state of Mississippi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into regional labor market conditions and compensation levels within a key industry, which is useful for economic analysis and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of establishments by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess regional economic conditions and labor market competitiveness.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month reporting lag.
Related Trends
All Employees: Transportation and Utilities: Transportation, Warehousing, and Utilities in Mississippi
SMU28000004300000001
Gross Domestic Product: Wood Product Manufacturing (321) in Mississippi
MSWPMANNGSP
Chain-Type Quantity Index for Real GDP: Educational Services (61) in Mississippi
MSEDCATQQGSP
State Government Tax Collections, Total Sales and Gross Receipts Taxes in Mississippi
MSSLGRTAX
Interbank Deposits in Commercial Member Banks in Mississippi
X08IOMBIMS
Value of Exports to Lithuania from Mississippi
MSLTUA052SCEN
Citation
U.S. Federal Reserve, Management of Companies and Enterprises Wages and Salaries in Mississippi (MSWMAN), retrieved from FRED.