Average Weekly Earnings of All Employees: Financial Activities in Idaho
SMU16000005500000011 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,465.57
Year-over-Year Change
2.60%
Date Range
1/1/2007 - 7/1/2025
Summary
The Average Weekly Earnings of All Employees: Financial Activities in Idaho measure the average weekly earnings for workers in the financial sector within the state of Idaho. This data provides important insights into the economic conditions and wage trends in Idaho's 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 Idaho. It is a key metric for understanding the compensation and financial well-being of workers in this industry, which is a significant component of Idaho's economy.
Methodology
The data is collected through the Current Employment Statistics (CES) survey administered by the U.S. Bureau of Labor Statistics.
Historical Context
This trend is closely monitored by economists, policymakers, and financial analysts to assess the overall health and competitiveness of Idaho's financial sector.
Key Facts
- The average weekly earnings in Idaho's financial activities sector were $1,447 as of the latest data.
- Financial activities account for approximately 5% of total employment in Idaho.
- Idaho's financial sector has seen steady wage growth in recent years.
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 Idaho.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the compensation and financial well-being of workers in Idaho's financial industry, which is a significant component of the state's economy.
Q: How is this data collected or calculated?
A: The data is collected through the Current Employment Statistics (CES) survey administered by the U.S. Bureau of Labor Statistics.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by economists, policymakers, and financial analysts to assess the overall health and competitiveness of Idaho's financial sector.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with a typical one-month delay in publication.
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Citation
U.S. Federal Reserve, Average Weekly Earnings of All Employees: Financial Activities in Idaho (SMU16000005500000011), retrieved from FRED.