Average Weekly Earnings of All Employees: Other Services in Florida
Annual
SMU12000008000000011A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,141.35
Year-over-Year Change
84.49%
Date Range
1/1/2007 - 1/1/2024
Summary
The Annual trend measures the total number of years in the United States, providing valuable insights into long-term demographic and economic patterns.
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 Annual trend tracks the total number of years that have elapsed since the beginning of a specified period. This key metric helps economists and policymakers analyze long-term population and economic growth trends in the United States.
Methodology
The data for the Annual trend is collected and calculated by the U.S. Bureau of Labor Statistics.
Historical Context
The Annual trend is widely used to inform economic and social policy decisions at the national level.
Key Facts
- The Annual trend has been collected since 1939.
- The U.S. population has grown by over 200 million people since the 1940s.
- Annual growth rates have slowed in recent decades compared to the mid-20th century.
FAQs
Q: What does this economic trend measure?
A: The Annual trend measures the total number of years that have elapsed in the United States, providing insights into long-term demographic and economic patterns.
Q: Why is this trend relevant for users or analysts?
A: The Annual trend is a key metric used by economists and policymakers to analyze population growth, workforce dynamics, and overall economic development in the United States over time.
Q: How is this data collected or calculated?
A: The data for the Annual trend is collected and calculated by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: The Annual trend is widely used to inform economic and social policy decisions at the national level, as it provides valuable insights into long-term demographic and economic patterns.
Q: Are there update delays or limitations?
A: The Annual trend data is updated regularly by the U.S. Bureau of Labor Statistics, with minimal delays. There are no major known limitations to this economic indicator.
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Citation
U.S. Federal Reserve, Annual (SMU12000008000000011A), retrieved from FRED.