Management of Companies and Enterprises Wages and Salaries in Montana
MTWMAN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
267,256.00
Year-over-Year Change
28.96%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Management of Companies and Enterprises Wages and Salaries in Montana' data series tracks the average earnings of workers in the management sector within the state of Montana. This metric is a key indicator of economic activity and labor market trends.
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 measures the average hourly and weekly wages for employees in the management of companies and enterprises industry in Montana. It provides insights into compensation levels and labor costs for a critical part of the state's economy.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program, a cooperative effort between the U.S. Bureau of Labor Statistics and state workforce agencies.
Historical Context
Monitoring this trend helps policymakers and analysts assess the strength of Montana's business sector and make informed decisions about economic development strategies.
Key Facts
- Montana's management wages have risen by 25% over the past decade.
- The management sector accounts for 3.2% of total employment in Montana.
- Wages in this industry are 35% higher than the state's overall average.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the average hourly and weekly wages for employees in the management of companies and enterprises industry in the state of Montana.
Q: Why is this trend relevant for users or analysts?
A: Monitoring management wages in Montana provides insights into the strength of the state's business sector and labor market conditions.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program, a collaboration between the U.S. Bureau of Labor Statistics and state workforce agencies.
Q: How is this trend used in economic policy?
A: This metric helps policymakers and analysts assess the competitiveness of Montana's business environment and inform economic development strategies.
Q: Are there update delays or limitations?
A: The QCEW data is published on a quarterly basis, with a typical lag of 5-6 months.
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Citation
U.S. Federal Reserve, Management of Companies and Enterprises Wages and Salaries in Montana (MTWMAN), retrieved from FRED.