Net Earnings by Place of Residence in Montana
MTENET • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43,620,228.00
Year-over-Year Change
17.26%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Net Earnings by Place of Residence in Montana' statistic measures personal income from employment within the state of Montana. This important economic indicator provides insights into the strength and growth of Montana's labor market.
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 represents net earnings, which is a component of personal income and includes wages, salaries, and other forms of compensation for work performed. It is a key metric used by economists and policymakers to analyze economic conditions and trends within the state of Montana.
Methodology
The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and administrative records.
Historical Context
Net earnings data is utilized to inform policy decisions, economic forecasting, and market analysis related to the Montana economy.
Key Facts
- Montana's net earnings reached a record high in 2021.
- The manufacturing sector accounts for a significant portion of net earnings in Montana.
- Net earnings per capita in Montana are above the national average.
FAQs
Q: What does this economic trend measure?
A: The 'Net Earnings by Place of Residence in Montana' statistic measures personal income from employment within the state of Montana, including wages, salaries, and other forms of compensation.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the strength and growth of Montana's labor market and economy, and is used by economists and policymakers to inform economic analysis and decision-making.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Economic Analysis through surveys and administrative records.
Q: How is this trend used in economic policy?
A: Net earnings data is utilized to inform policy decisions, economic forecasting, and market analysis related to the Montana economy.
Q: Are there update delays or limitations?
A: The data is released on a regular schedule by the U.S. Bureau of Economic Analysis, but may be subject to revision and updates based on new information.
Related Trends
U.S. Granted Patents: Reissue Patents Originating in Montana
PATENTUSMTREISSUE
Personal Contributions for Social Insurance in Montana
MTOSOC
State Government Tax Collections, Amusements - Selective Sales Taxes in Montana
MTAMUSTAX
Chain-Type Quantity Index for Real GDP: Federal Civilian in Montana
MTGOVFEDCIVQGSP
Real Gross Domestic Product: Ambulatory Health Care Services (621) in Montana
MTAMBHCRGSP
Real Gross Domestic Product: Truck Transportation (484) in Montana
MTTRUCKTRANRGSP
Citation
U.S. Federal Reserve, Net Earnings by Place of Residence in Montana (MTENET), retrieved from FRED.