Average Hourly Earnings of Production Employees: Trade, Transportation, and Utilities in Hawaii
SMU15000004000000008 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.75
Year-over-Year Change
6.89%
Date Range
1/1/2001 - 7/1/2025
Summary
The Average Hourly Earnings of Production Employees: Trade, Transportation, and Utilities in Hawaii tracks wage levels for workers in this sector and geographic region. This metric provides insight into labor market dynamics and inflation pressures.
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 measures the average hourly wage for production employees in the trade, transportation, and utilities industry in the state of Hawaii. It is a key indicator of compensation trends and can inform economic analysis and policy decisions.
Methodology
Data is collected through employer surveys conducted by the U.S. Bureau of Labor Statistics.
Historical Context
Policymakers and analysts use this data to assess labor market conditions and their impact on the broader economy.
Key Facts
- Hawaii has a large trade, transportation, and utilities sector.
- Wages in this sector can impact overall state inflation.
- The data is released monthly by the U.S. Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures the average hourly wages of production employees in the trade, transportation, and utilities industry in Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into labor market dynamics and inflationary pressures in a key economic sector for Hawaii.
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 use this data to assess labor market conditions and their impact on the broader Hawaiian economy.
Q: Are there update delays or limitations?
A: The data is released monthly with minimal delays, providing timely insights into this economic indicator.
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Citation
U.S. Federal Reserve, Average Hourly Earnings of Production Employees: Trade, Transportation, and Utilities in Hawaii (SMU15000004000000008), retrieved from FRED.