Average Weekly Earnings of Production Employees: Wholesale Trade in Arizona
SMU04000004100000030 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,254.79
Year-over-Year Change
-1.47%
Date Range
1/1/2001 - 7/1/2025
Summary
The Average Weekly Earnings of Production Employees: Wholesale Trade in Arizona measures the average weekly earnings of production workers in the wholesale trade industry within the state of Arizona. This metric provides insight into the economic health and labor conditions of this key 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 represents the average weekly earnings of production employees in the wholesale trade industry in Arizona. It is a widely tracked economic indicator that reflects wage trends and can inform policy decisions and business strategies.
Methodology
The data is collected through surveys of Arizona businesses in the wholesale trade sector.
Historical Context
This earnings trend is used by economists, policymakers, and industry analysts to assess labor market conditions and cost-of-living changes.
Key Facts
- Arizona's wholesale trade sector employs over 100,000 workers.
- Weekly earnings in this industry have risen by 20% over the past decade.
- Wholesale trade is a key driver of Arizona's economy, accounting for 8% of GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of production employees in the wholesale trade industry within the state of Arizona.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor market conditions and wage trends in a key sector of the Arizona economy, which is valuable information for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Arizona businesses in the wholesale trade industry.
Q: How is this trend used in economic policy?
A: This earnings trend is used by economists and policymakers to assess the health of the labor market and cost-of-living changes, which can inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay, and may be subject to revisions based on updated survey responses.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of Production Employees: Wholesale Trade in Arizona (SMU04000004100000030), retrieved from FRED.