Educational Services Earnings in Montana
MTEEDU • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
380,899.00
Year-over-Year Change
21.97%
Date Range
1/1/1998 - 1/1/2025
Summary
The Educational Services Earnings in Montana trend measures average weekly earnings for workers in the educational services industry in the state of Montana. This metric provides insight into the economic well-being of the education sector and its role in the state's economy.
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 Educational Services Earnings in Montana series tracks the average weekly earnings of employees within the educational services industry, including schools, colleges, universities, and other educational institutions. This data is used by economists and policymakers to analyze trends in educational sector compensation and its impact on the overall state economy.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
Educational services earnings are an important indicator for state and local governments in budget planning and policy decisions.
Key Facts
- Montana's educational services earnings averaged $860 per week in 2022.
- Educational services account for 8% of total employment in Montana.
- Earnings in this sector have grown 3.2% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Educational Services Earnings in Montana trend measures the average weekly earnings of workers employed in the educational services industry in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insight into the economic conditions and compensation levels within Montana's education sector, which is a key component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Educational services earnings are an important indicator for state and local governments in Montana, informing budget planning and policy decisions related to the education sector.
Q: Are there update delays or limitations?
A: The Educational Services Earnings in Montana data is released on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Educational Services Earnings in Montana (MTEEDU), retrieved from FRED.