Information Earnings in Pennsylvania
PAEINF • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,388,388.00
Year-over-Year Change
14.78%
Date Range
1/1/1998 - 1/1/2025
Summary
The 'Information Earnings in Pennsylvania' trend measures average weekly earnings for workers in the information industry sector in Pennsylvania. This metric provides insight into wage and income dynamics within a key economic 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 information industry encompasses businesses focused on the production and distribution of information and cultural products, telecommunications, and data processing. Tracking earnings in this sector helps analysts and policymakers understand broader labor market conditions and economic activity.
Methodology
The data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Information industry earnings are closely watched as an indicator of broader economic and technological trends affecting the state of Pennsylvania.
Key Facts
- Pennsylvania is a major hub for information and technology industries.
- Information sector earnings have grown faster than the overall state average.
- Tracking information earnings provides insight into the state's innovation economy.
FAQs
Q: What does this economic trend measure?
A: The 'Information Earnings in Pennsylvania' trend measures average weekly earnings for workers in the information industry sector within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into wage and income dynamics within a key economic sector, helping analysts and policymakers understand broader labor market conditions and economic activity.
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: Information industry earnings are closely watched as an indicator of broader economic and technological trends affecting the state of Pennsylvania.
Q: Are there update delays or limitations?
A: The data is subject to the publication schedule and any sampling or reporting limitations of the U.S. Bureau of Labor Statistics.
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Citation
U.S. Federal Reserve, Information Earnings in Pennsylvania (PAEINF), retrieved from FRED.