All Employees: Financial Activities: Financial Investments and Related Activities Including Financial Vehicles in Illinois
Monthly, Not Seasonally Adjusted
SMU17000005552300001 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62.30
Year-over-Year Change
3.15%
Date Range
1/1/1990 - 7/1/2025
Summary
This U.S. economic trend measures monthly wages and salaries in the private sector, excluding the agricultural industry. It provides crucial insights into consumer purchasing power and economic growth.
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 Monthly, Not Seasonally Adjusted series tracks private sector wage and salary disbursements on a monthly basis without adjusting for seasonal factors. This data point is closely monitored by economists and policymakers to assess the health of the labor market and broader economic conditions.
Methodology
The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of private businesses.
Historical Context
This economic indicator is widely used to inform monetary and fiscal policy decisions.
Key Facts
- Measures private sector monthly wages and salaries excluding agriculture.
- Provides insights into consumer spending power and broader economic health.
- Data collected through surveys of private businesses by the Bureau of Labor Statistics.
FAQs
Q: What does this economic trend measure?
A: This trend measures monthly private sector wages and salaries, excluding the agricultural industry, providing insights into consumer purchasing power and economic growth.
Q: Why is this trend relevant for users or analysts?
A: This data point is closely monitored by economists and policymakers to assess the health of the labor market and broader economic conditions, informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Bureau of Labor Statistics through surveys of private businesses.
Q: How is this trend used in economic policy?
A: This economic indicator is widely used to inform monetary and fiscal policy decisions.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, with no known significant update delays or limitations.
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Citation
U.S. Federal Reserve, Monthly, Not Seasonally Adjusted (SMU17000005552300001), retrieved from FRED.