Wholesale Trade Earnings in Ohio
OHEWHO • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,203,231.00
Year-over-Year Change
14.71%
Date Range
1/1/1998 - 1/1/2025
Summary
The Wholesale Trade Earnings in Ohio trend measures average weekly earnings for workers in the wholesale trade industry within the state of Ohio. This metric is a key indicator of economic activity and purchasing power in the wholesale 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 Wholesale Trade Earnings in Ohio series tracks the average weekly pay for employees in Ohio's wholesale trade industry, which includes businesses that sell goods to other businesses rather than directly to consumers. This data provides insight into the financial health and labor market conditions within a critical component of the state's economy.
Methodology
The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Historical Context
Wholesale trade earnings are closely monitored by policymakers, industry analysts, and economists to assess broader macroeconomic trends and guide economic decision-making.
Key Facts
- Ohio is a major hub for wholesale trade activity in the United States.
- Wholesale trade accounts for over 5% of total employment in Ohio.
- Wholesale earnings in Ohio have grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The Wholesale Trade Earnings in Ohio trend measures the average weekly earnings of workers employed in the wholesale trade industry within the state of Ohio.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the financial health and labor market conditions of a critical sector of Ohio's economy, offering valuable context for policymakers, industry analysts, and economists.
Q: How is this data collected or calculated?
A: The data is collected through the Quarterly Census of Employment and Wages (QCEW) program by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Wholesale trade earnings are closely monitored by policymakers to assess broader macroeconomic trends and guide economic decision-making.
Q: Are there update delays or limitations?
A: The Wholesale Trade Earnings in Ohio data is published on a quarterly basis with a typical 3-month delay.
Related Trends
Housing Inventory: Median Listing Price per Square Feet Month-Over-Month in Ohio
MEDLISPRIPERSQUFEEMMOH
All Employees: Education and Health Services: Social Assistance in Ohio
SMU39000006562400001SA
New Private Housing Units Authorized by Building Permits for Ohio
OHBPPRIVSA
Personal Consumption Expenditures: Nondurable Goods: Food and Beverages Purchased for Off-Premises Consumption for Ohio
OHPCEFOOD
All Employees: Durable Goods: Aerospace Product and Parts Manufacturing in Ohio
SMU39000003133640001A
All Employees: Transportation and Utilities: Air Transportation in Ohio
SMU39000004348100001SA
Citation
U.S. Federal Reserve, Wholesale Trade Earnings in Ohio (OHEWHO), retrieved from FRED.