Transportation and Warehousing Wages and Salaries in Oregon
ORWTRA • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,949,542.00
Year-over-Year Change
10.86%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Transportation and Warehousing Wages and Salaries in Oregon' trend measures average hourly earnings for workers in the transportation and warehousing industries within the state of Oregon. This metric is a key indicator of labor market conditions and cost pressures in this economically important 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
This series tracks the average hourly wage paid to employees in Oregon's transportation and warehousing sector. It provides insight into labor costs and competitiveness for businesses in these industries, which play a crucial role in supply chains and regional economic activity.
Methodology
The data is collected through employer surveys by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts monitor this trend to assess the economic health of Oregon's logistics and distribution networks.
Key Facts
- Oregon's transportation and warehousing sector employs over 100,000 workers.
- Wages in this industry are typically higher than the statewide private-sector average.
- The trend has shown steady year-over-year growth since the 2008-2009 recession.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly wages and salaries paid to workers in Oregon's transportation and warehousing industries, including trucking, rail, air transportation, and logistics services.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor costs and compensation levels for a key sector of Oregon's economy, which is important for understanding competitiveness, inflationary pressures, and the overall health of the state's logistics and distribution networks.
Q: How is this data collected or calculated?
A: The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and analysts monitor this trend to assess the economic conditions and cost pressures facing businesses in Oregon's transportation and warehousing industries, which are critical for the state's overall economic performance and competitiveness.
Q: Are there update delays or limitations?
A: This data is published monthly with a typical 1-2 month lag between the reference period and the release date.
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Real Gross Domestic Product: Truck Transportation (484) in Oregon
ORTRUCKTRANRGSP
Chain-Type Quantity Index for Real GDP: Government and Government Enterprises (92) in Oregon
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Citation
U.S. Federal Reserve, Transportation and Warehousing Wages and Salaries in Oregon (ORWTRA), retrieved from FRED.