Average Weekly Earnings of All Employees: Financial Activities in Arkansas
SMU05000005500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,447.02
Year-over-Year Change
4.83%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Earnings of All Employees: Financial Activities in Arkansas measures the average weekly wages of workers in the financial sector within the state of Arkansas. This metric provides insight into economic conditions and labor market trends in the Arkansas financial industry.
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 economic indicator tracks the average weekly earnings of all employees working in the financial activities sector in the state of Arkansas. It is used by economists and policymakers to assess the financial health and compensation levels within this key industry.
Methodology
The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is relevant for understanding labor market dynamics and the overall economic performance of Arkansas's finance sector.
Key Facts
- Arkansas's financial activities sector accounts for over 5% of the state's total employment.
- Average weekly earnings in this sector have increased by 12% over the past 5 years.
- The financial activities industry is a key driver of economic growth in Arkansas.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average weekly earnings of all employees working in the financial activities sector within the state of Arkansas.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into compensation levels and labor market conditions in Arkansas's important finance industry, which is a key driver of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of employers by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the financial health and labor market dynamics of Arkansas's finance sector, which informs decisions around economic development and workforce policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Financial Activities in Arkansas (SMU05000005500000011), retrieved from FRED.